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Question 3 Below is not an advantage of financial intermediaries: A. Risk-sharing. OB. Lower transaction costs. C. Lower liquidity. OD. All of the above. OE.

Question 3

Below is not an advantage of financial intermediaries:

A. Risk-sharing.

OB. Lower transaction costs.

C. Lower liquidity.

OD. All of the above.

OE. None of the above.

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