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Determine whether the following represent direct or indirect finance. A corporation takes out loans from a bank. People buy shares in a mutual fund. A

Determine whether the following represent direct or indirect finance.

A corporation takes out loans from a bank.

People buy shares in a mutual fund.

A corporation buys a short

-

term corporate security in a secondary

market.

People buy shares of common stock in the primary markets.

You buy a U

.

.

Treasury bill from the U

.

.

Treasury at

TreasuryDirect.gov.

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