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This occurs when a business sells its stocks or bonds directly to savers a Direct transfer b Indirect transfer through an investment bank c Indirect
This occurs when a business sells its stocks or bonds directly to savers
| a | Direct transfer | |
| b | Indirect transfer through an investment bank | |
| c | Indirect transfer through a financial intermediary | |
| d | Capital transfer |
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Auditing
Authors: David Ricchiute
8th Edition
0324226292, 978-0324226294
