jblock3590 jblock3590
  • 20-08-2020
  • Business
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"The interest rate charged from the banks to broker-dealers on loans where securities are collateral is the:"

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topeadeniran2 topeadeniran2
  • 20-08-2020

Answer: broker loan rate

Explanation:

The broker loan rate is also refered to the call loan rate and it is the interest rate that is charged from the banks to broker-dealers on loans where securities are collateral.

It should be noted that the iterest rates that are given on broker loan rates are just a little above the short term interest rates.

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