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hich of the following statements is CORRECT? Question 5 options: Financial institutions serve solely as intermediaries with the financial markets and never serve as investors.
hich of the following statements is CORRECT?
Question options:
Financial institutions serve solely as intermediaries with the financial markets and never serve as investors.
Financial markets attract funds from deficit units and channel the funds to surplus units.
Money markets enable corporations to borrow funds on a longterm basis so that they can support their existing operations.
Investors seek to invest their funds in equity securities that are presently undervalued.
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