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1. What are the roles of financial markets in an economy? i. What are the roles of financial intermediaries in the economy? ii. What are

1. What are the roles of financial markets in an economy?

i. What are the roles of financial intermediaries in the economy?

ii. What are the roles of investment bankers in the economy?

iii. Portfolio construction involves two types of decisions: asset allocation decision and security selection decision. Distinguish between the two.

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