Under what circumstances would it be advisable to borrow
money to take a cash discount?
Discuss the relative use of credit between large and
small firms. Which group is generally in the net creditor position,
and why?
How have new banking laws influenced
competition?
What is the prime interest rate? How does the average
bank customer fare in regard to the prime interest
rate?
What does LIBOR mean? Is LIBOR normally higher or lower
than the
U.S. prime interest rate?...