12. In a world without information and transaction costs, financial intermediaries would not exist, Is this statement
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12. "In a world without information and transaction costs, financial intermediaries would not exist," Is this statement true, false, or uncertain? Explain your answer.
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Related Book For
Financial Markets and Institutions
ISBN: 978-0321280299
5th edition
Authors: Frederic S. Mishkin, Stanley G. Eakins
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