The london interbank offered rate

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Reference no: EM131517154

The London Interbank Offered Rate (LIBOR)

a) competes with the U.S. Prime Rate for those companies with an international presence. ?

b)has been lower than the U.S. Prime Rate for at least the last decade. ?

c) is an estimate of the interbank lending rate for London banks. ?

d) all of these options are correct.

Reference no: EM131517154

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