An example of direct finance would be when
A) a person purchases a certificate of deposit from a bank.
B) a person buys a life insurance policy.
C) a person buys 100 shares of stock from a corporation.
D) a bank makes a loan to a customer.
Correct Answer:
Verified
Q1: An important role of financial institutions is
Q2: _ is not a cash flow associated
Q3: Bonds that pay no periodic (annual)interest are
A)
Q4: A secondary market is one in which
A)
Q6: The largest group of saver-lenders in the
Q7: Which of the following is a primary
Q8: Investment banks specialize in information regarding
A) commodities.
B)
Q9: The most prominent secondary financial market is
A)
Q10: Bonds without a maturity date are called
A)
Q11: An efficient financial system
A) must disseminate information
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