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Question 2 No doubt that information asymmetry has been responsible for the survival of commercial and investment banks. Now with coming age of the internet

Question 2

No doubt that information asymmetry has been responsible for the survival of commercial and investment banks. Now with coming age of the internet and rapid growth in telecommunication technology, information dissemination is no longer a critical consideration for financial market participants. Would these continuing developments then lead to a demise of commercial and investment banking activities? Explain.

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