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Which of the following can be described as involving indirect finance? A) A corporation takes out loans from a bank. B) People buy shares in

Which of the following can be described as involving indirect finance?

A) A corporation takes out loans from a bank.

B) People buy shares in a mutual fund.

C) A corporation buys commercial paper in a secondary market.

D) All of the above.

E) Only A and B of the above.

Answer: E

Why option C involve direct finance?

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