Define discount rate of interest and prime rate?

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Define discount rate of interest and prime rate?

Discount Rate
Depending upon the context, the discount rate has two different definitions and usages. First, the discount rate refers to the interest rate charged to the commercial banks and other financial institutions for the loans they take from the Federal...
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Real Estate Finance

ISBN: 978-0324181425

9th edition

Authors: John P. Wiedemer, ‎ Keith J. Baker

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