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Telstra issues shares to Mr Strachan, in order to build a new communication tower. Which of the following statements is correct? A. The process is

Telstra issues shares to Mr Strachan, in order to build a new communication tower.

Which of the following statements is correct?

A.

The process is unambiguously indirect finance.

B.

The process is direct finance only if Mr Strachan and Telstra are depositors at the same bank.

C.

The process is direct finance if Mr Strachan has bought the shares with the part of his wage that he has not spent on consumption and real assets.

D.

The process is direct finance if Mr Strachan did not borrow the money used for the purchase of the shares.

E.

Both C and D are correct.

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