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What are the main roles that financial intermediaries play in the financial system? 2.Compare and contrast direct finance and indirect finance.Whichis more likely to have

What are the main roles that financial intermediaries play in the financial system?

2.Compare and contrast direct finance and indirect finance.Whichis more likely to have a larger share of the total financial marketin a mature economy? in a young company? Why?

3.What is the difference between a primary market and a secondary market? which market is bigger for equity securities?

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