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In situations where the asymmetric information problem is severe: the money markets have a distinct cost advantage over commercial banks in providing short-term funds. commercial

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In situations where the asymmetric information problem is severe: the money markets have a distinct cost advantage over commercial banks in providing short-term funds. commercial banks have a distinct cost advantage over the money markets in providing short-term funds. only venture capital firms will provide short-term funds. commercial banks have a distinct advantage over the capital markets in providing short-term funds. None of the other answers

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