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In which of the following examples does the firm acquire financial capital from households through a financial intermediary? A firm sells a bond to John
In which of the following examples does the firm acquire financial capital from households through
a financial intermediary?
A firm sells a bond to John Doe.
The firm uses retained earnings to purchase shares of its stock owned by a mutual fund company.
The firm sells a bond to an employee pension fund.
The firm uses retained earnings to purchase shares of its stocks owned by individuals.
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