Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Which is true about direct and indirect finance Question 2 options: A) Direct finance is when Goldman Sachs sells an IPO into the capital markets

Which is true about direct and indirect finance Question 2 options:

A) Direct finance is when Goldman Sachs sells an IPO into the capital markets and indirect finance is when Citizens opens up deposit savings accounts and also provides car loans and credit cards

B) Direct finance is when Citizens opens up deposit savings accounts and also provides car loans and credit cards while indirect finance is when Goldman Sachs sells an IPO into the capital markets

C) Direct finance is when a commercial bank makes a loan and indirect finance is when Merrill Lynch issues Eurodollar bonds for Microsoft's capital base

D) Neither have a practical application as this is just

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Finance questions