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What is a discount rate? A.Special interest rates banks get for having a large number of branches and customers B.The interest rate on U.S. Treasury and other federal agency securities C.Special interest
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What is a discount rate?

A.Special interest rates banks get for having a large number of branches and customers B.The interest rate on U.S. Treasury and other federal agency securities
C.Special interest rate available to longtime customers of a bank
D.Interest rate charged to banks on loans they receive from the Federal Reserve

User Siera
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2 Answers

6 votes

Answer:

D

Explanation:

Just got it right on my A. P. E. X. quiz

hope this helps

User Mariachimike
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3 votes
D)

Rate used for discounting bill of exchange~
User Flipdoubt
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