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Question2 a) Financial intermediaries are entity that act the as middleman between two parties involving financial transaction. Briefly describe any FOUR (4) functions of financial

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a) Financial intermediaries are entity that act the as middleman between two parties involving financial transaction. Briefly describe any FOUR (4) functions of financial intermediaries. (16 marks) b) A government implements regulations in order to ensure soundness of financial intermediaries. Explain any THREE (3) types of regulations.

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