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Guess the answer by reading the clue. Each wrong or missed answer will result in deduction of 0.5 points. (1 mark each) 1. Provide savers
Guess the answer by reading the clue. Each wrong or missed answer will result in deduction of 0.5 points. (1 mark each) 1. Provide savers with a secure place to invest their funds offer loans to individual and business borrowers Answer: 2. Advise firms on major transactions such as mergers or financial restructurings Answer: 3. Assume risk in return for premium payments Answer: 4. Invest in a broad range of stocks and bonds, get a management fee for their services, and provide professional investment services to savers Answer: 5. Offer investments services to accredited investors. Answer: 6. Provide needed capital to firms for investment purposes
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