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true false 11. Business income trusts (also called income funds) hold the debt and equity of an underlying business/assets. 12. Financial institutions act as intermediaries
true false
11. Business income trusts (also called income funds) hold the debt and equity of an underlying business/assets. 12. Financial institutions act as intermediaries between suppliers and users of funds 13. The effect of compounding is small for a small number of periods, but increases as the number of periods increases. 14. There are many financial calculators are available online Step by Step Solution
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