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Which of the following statements is incorrect? a ) Financia markets attract funds from investors and chennel funds to corporations. b ) Money markets enable

Which of the following statements is incorrect?
a) Financia markets attract funds from investors and chennel funds to corporations.
b) Money markets enable corporations to borrow funds on a short-term basis so that they can support their existing operations.
c) Financial institutions serve solely as intermediaries with the financial markets and never serve as investors.
d) Investors seek to invest their funds in the stock of firms that are oresently undervalued and have much potential to improve

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