EBK CFIN
5th Edition
ISBN: 9781305888036
Author: BESLEY
Publisher: CENGAGE LEARNING - CONSIGNMENT
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Question
Chapter 3, Problem 5PROB
Summary Introduction
Financial intermediaries are organizations such as commercial banks, pension funds and insurance companies. They are responsible in transferring if funds from ones who have the to the ones who need them.
Economic function of financial intermediaries
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