Question: which of the following statements is correct a financial intermediation...
Question details
Which of the following statements is correct?
| A. |
Financial intermediation is the only way to solve the issue of a maturity mismatch in the preference of SSUs and DSUs. |
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| B. |
Financial intermediaries offer smaller costs per dollar investment compared to SSUs' self-investing. |
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| C. |
Financial intermediaries add value to SSUs through their investment expertise. |
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| D. |
All of the above are correct. |
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| E. |
Only B and C are correct |
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