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Determine whether the following represent direct or indirect finance. A corporation buys a share of common stock issued by another corporation in the primary market.
Determine whether the following represent direct or indirect finance.
A corporation buys a share of common stock issued by
another corporation in the primary market.
You make a deposit at a bank:
JP Morgan & Chase buys a US Treasury bill from one c
its depositors.
You purchase shares in an initial public offering by a
corporation.
You make a loan to your neighbor.
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