Question
PART 4 / In each of the following transactions, indicate whether the type of financing is direct (direct market) or indirect financing (intermediation market). Use
PART 4 / In each of the following transactions, indicate whether the type of financing is direct (direct market) or indirect financing (intermediation market). Use the letter D to identify transactions in the direct market and I for the indirect market. 1. You buy an ABC share on the Internet without any intervention. 2. You borrow $1,000 from your father. 3. You obtain a $100,000 mortgage from your town's Savings and Loan Association. 4. You purchase a life insurance policy. 5. You receive $200.00 and open a savings account in your bank for $150.00
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