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When Financial Intermediaries diversify the portfolio of claims that they acquire, lending to a large number of and variety of different DSUs, they reduce Question
When Financial Intermediaries diversify the portfolio of claims that they acquire, lending to a large number of and variety of different DSUs, they reduce
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liquidity risk.
transactions costs.
the flow of credit from SSUs to DSUs.
default risk.
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Small Business Finance And Valuation
Authors: Rick Nason, Dan Nordqvist
1st Edition
1952538122, 9781952538124
