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AT&T has decided to issue $100 million of 30-year bonds. To facilitate the issue of the bonds, AT&T has hired a securities firm to underwrite
AT&T has decided to issue $100 million of 30-year bonds. To facilitate the issue of the bonds, AT&T has hired a securities firm to underwrite the sale. What type of capital transfer is being described here? Group of answer choices
Indirect transfer through an investment bank
Direct transfer from investors with excess funds to AT&T
Indirect transfer through a financial intermediary
Indirect transfer through a Federal Reserve bank
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