When savers buy securities from borrowers without the assistance of any third-party, they are using
A) direct finance.
B) indirect finance.
C) a secondary market.
D) a financial intermediary.
Correct Answer:
Verified
Q18: The owner of a financial security is
Q19: Another name for an equity security is
A)bond.
B)debt.
C)option.
D)stock.
Q20: The ratio of debt to equity in
Q21: In the event that a firm goes
Q22: The periodic payments on equity securities are
Q24: When savers invest through financial intermediaries, they
Q25: Which of the following is true of
Q26: Which of the following is true of
Q27: Andy keeps his savings in a certificate
Q28: Mr.Smith bought stocks of several companies from
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