The ________ is a benchmark set by each financial institution as the rate at which interest is charged to its most-favored (i.e.,least risky)customers.
A)LIBOR
B)prime rate
C)discount window rate
D)federal funds

Name: The ________ is a benchmark set by each financial institution as the rate at which interest is charged to its most-favored (i.e.,least risky)customers. A)LIBOR B)prime rate C)discount window rate D)federal funds
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The Answer is B

The ________ Is a Benchmark Set by Each Financial Institution