What does LIBOR mean? Is LIBOR normally higher or lower than the U.S. prime interest rate?

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Foundations of Financial Management

ISBN: 978-1259194078

15th edition

Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen

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Question Posted: Apr 06, 2015 06:28 AM

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What does LIBOR mean? Is LIBOR normally higher or lower than the U.S. prime interest rate?

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LIBOR stands for London Interbank Offered Rate As in...View the full answer

Foundations of Financial Management

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