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5. Which of the following characteristics do not apply to financial intermediaries? I) they raise money from investors; II) they invest in financial assets; III)

5. Which of the following characteristics do not apply to financial intermediaries?

I) they raise money from investors;

II) they invest in financial assets;

III) they mainly invest in real assets

  1. I only
  2. I and II only
  3. II only
  4. III only

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