Which statement best describes the role of financial intermediaries?
A) They facilitate the flow of funds from primary investors to ultimate borrowers at low cost.
B) They facilitate the flow of funds to primary investors from ultimate borrowers at low cost.
C) They minimise the costs of the flow of funds from ultimate borrowers to primary investors.
D) They maximise the cost benefits from the flow of funds from ultimate borrowers to primary investors.
Correct Answer:
Verified
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