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Check all the following that are examples of financial intermediation. a. A company converts debt to shares of its stock. b. A bank borrows money

Check all the following that are examples of financial intermediation.

a. A company converts debt to shares of its stock.

b. A bank borrows money from depositors and then loans the money to borrowers.

c. A borrower renegotiates the terms of a loan to prevent default.

d, A stock exchange allows investors to easily buy and sell shares of stocks at prices representing market consensus.

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