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What are the three tasks of the financial system? In other words, what problems do borrowers and lenders face? Discuss how two of the four

What are the three tasks of the financial system? In other words, what problems do borrowers and lenders face? Discuss how two of the four following financial assets help to achieve these tasks of the financial system: loans, bonds, loan-backed securities, and stocks.

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Financial accounting

Authors: Walter T. Harrison, Charles T. Horngren, William Bill Thomas

8th Edition

9780135114933, 136108865, 978-0136108863

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