Suppose you have $50,000 to lend out or invest. And you have two channels, one is do
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Question:
Suppose you have $50,000 to lend out or invest. And you have two channels, one is do it by yourself, another is via financial intermediaries such as banks or investment companies.
Briefly explainHOWa financial intermediary will do a better job with the following:
1. providing liquidity
2. diversifying risk
3. collecting and processing information.
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