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Explain why an individual's account at a financial intermediary may be called an indirect investment in a firm that has borrowed money from the intermediary?
Explain why an individual's account at a financial intermediary may be called an indirect investment in a firm that has borrowed money from the intermediary?
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A financial intermediary is an entity that acts as the middleman between two parties in a financial transaction such as a commercial bank investment bank mutual fund or pension fund Financial intermed...
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Andersons Business Law and the Legal Environment
Authors: David p. twomey, Marianne moody Jennings
21st Edition
1111400547, 324786662, 978-1111400545, 978-0324786668
