The prime rate is theMultiple Choiceinterest rate that commercial banks charge their best customers for short-term loans.highest rate of interest that commercial banks in the country can charge their customers.dividend paid out per share divided by the market price of the stock.rate of interest offered on U. S. Treasury bills.

Multiple Choice QuestionThe interest rate commercial banks charge their best customers, usually large corporations, for short-term loans is the _____ rate.Multiple choice question.primeprincipalcouponpremium

True or False QuestionThe prime rate is reserved for a commercial bank's best customers.True false question.TrueFalse

The interest rate banks charge their customers is known as the _____ rate.A.mortgageB.primeC.securitiesD.discount

The discount rate isQuestion 29Answera.the interest rate banks charge their best customers.b.the interest rate the U.S. Treasury pays on Treasury Bills.c.the interest rate banks charge each other for overnight loans.d.the interest rate the Fed charges to banks for loans from the Fed.

The interest rate the Fed charges banks borrowing from the Fed is theA) federal funds rate.B) Treasury bill rate.C) discount rate.D) prime rate.