Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Which of the following is not a benefit to lenders / investors of financial intermediation? Group of answer choices Lower transaction costs than the direct

Which of the following is not a benefit to lenders/investors of financial intermediation?
Group of answer choices
Lower transaction costs than the direct market.
More convenient than the direct market.
Higher yield than the direct market.
More diversification than the direct market.
Lower risks than the direct market.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored 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

Recommended Textbook for

Intermediate Financial Management

Authors: Brigham, Daves

10th Edition

978-1439051764, 1111783659, 9780324594690, 1439051763, 9781111783655, 324594690, 978-1111021573

More Books

Students also viewed these Finance questions