The average interest rate offered by a specific group of multinational banks in London is known as the:
A. LIBOR rate
B. prime rate
C. fed funds rate
D. Eurobond rate
Answer: A. LIBOR rate
The average interest rate offered by a specific group of multinational banks in London is known as the:
A. LIBOR rate
B. prime rate
C. fed funds rate
D. Eurobond rate
Answer: A. LIBOR rate