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The concept of adverse selection helps to explain Group of answer choices why indirect finance is more important than direct finance as a source of
The concept of adverse selection helps to explain
Group of answer choices
why indirect finance is more important than direct finance as a source of business finance.
which firms are more likely to obtain funds from banks and other financial intermediaries, rather than from the securities markets.
why direct finance is more important than indirect finance as a source of business finance.
only A and B of the above.
only A and C of the above.
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