Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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Question
Which of the following statements correctly describes the nature of indirect financing as discussed in lectures?
Group of answer choices
A) It is the source of financing whenever an investor purchases shares that are listed on the Australian Securities Exchange.
B) May involve an individual investor buying shares in a company when a company goes public via an initial public offering.
C) More than one of the other answers is correct
D) None of the other answers is correct
E) It relies upon an intermediary to facilitate the flow of funds from surplus to deficit units, unlike direct financing
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