Question
Many financial intermediaries use standardised contracts and documentation for their products, like loans and deposits. Which of the benefits of financial intermediation is being applied?
Many financial intermediaries use standardised contracts and documentation for their products, like loans and deposits. Which of the benefits of financial intermediation is being applied?
O a. Maturity transformation
O b. Asset transformation
O c. Liquidity transformation
d. Credit risk diversification
O e. Economies of scale
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The Evolution Of Finance
Authors: Barbara Guth
1st Edition
1633377261, 978-1633377264
