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QUESTION 8 1.00000 P Financial intermediaries are different from investment banking houses in that financial intermediaries issue their securities to obtain funds from savers and

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QUESTION 8 1.00000 P Financial intermediaries are different from investment banking houses in that financial intermediaries issue their securities to obtain funds from savers and then use the fund to purchase other business's securities, while investment banking houses do not issue their securities. Instead, savers' money merely passes through investment banking houses. e True False

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