If a private bank lends money to another bank, the interest rate that is charged for the loan is the:
A. Discount rate
B. Prime rate
C. Federal funds rate
D. Loan rate
C. Federal funds rate
Economics
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Currently challenging Treasury bills as the centerpiece of the money market is (are)
A) federal funds. B) Eurodollars. C) commercial paper. D) negotiable CDs.
Economics
The fundamental value of a stock equals
A) the future value of all future dividends. B) the present value of all future dividends. C) the present value of current and future dividends. D) the present value of all future capital gains.
Economics