Altria is doing what is necessary to adapt to changing. It appears that Altria is a prime example of what happens when sentiment turns, and fear takes over. Declining smoking rates are nothing new,
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Prime Rate. The prime rate in Canada is currently 3.95%. The prime rate, also known as the prime lending rate, is the annual interest rate Canada’s major banks and financial institutions use to set interest rates for variable loans and lines of credit, including variable-rate mortgages.
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Index performance for Prime Rate by Country United states (prime) including value, chart, profile & other market data.
The prime rate also affects liquidity in the financial markets. A low rate increases liquidity by making loans less expensive and easier to get. When prime lending rates are low, businesses expand and so does the economy. Similarly, when rates are high, liquidity dries up, and the economy slows down.
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· The prime rate is the underlying index that dictates the interest rates for most credit cards, home equity loans and lines of credit, auto loans, and personal loans. So, when the prime rate goes up, your variable interest rates will usually follow.
A prime rate or prime lending rate is an interest rate used by banks, usually the interest rate at which banks lend to favoured customers-i.e., those with good credit. Some variable interest rates may be expressed as a percentage above or below prime rate.
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The prime rate (aka prime lending rate) is the best interest rate that banks offer the most creditworthy borrowers. average current prime rates are typically calculated by taking the federal funds rate and adding a 3% margin.
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