The capital allocation process involves the transfer of capital among different entities that include individuals, small businesses, banks,

Capital allocation process intermediaries, companies, mutual funds, and other market participants. In a developed market economy, capital flows freely between ent want to supply capital to those who want it$.$ This flow of capital can be classified in three ways. Ine table below, identify the nature of co transfer given in the scenario with its appropriate classification:

Israel launched a $10-$year global bond issue of $$1\mathrm{.}5$ billion in early $2009.$ Leading investment banks such as Citigroup, Deutsche Bank, and Goldman Sachs managed the deal. $($Source:

Reuters.com, Mar. $18,2009.)$

Citibank issues a loan to Jennifer for the expansion of her flower delivery business.

Erin borrows money from her uncle to buy a new laptop.

Based in Grass Valley, California, L& M Seeds Co$.$ is a small company that manufactures organic seeds. To raise capital, the company sells stocks directly to savers in Grass Valley without involving any bank or financial intermediary.

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