A financial intermediary is a corporation that takes funds from investors and then provides those funds to those who need capital. A bank that takes in demand deposits (checking accounts) and then uses that money to make long-term mortgage loans is one example of a financial intermediary, why?

Question 8 options:

a)	the bank is repackaging the demand deposits so they can be resold as a mortgage.

b)	it is similar to "prosper.com" where there is peer to peer lending.

c)	it is similar an "IPO" initial public offering

d)	it is similar to "Venmo.com" a fintech company similar to paypal