_____ involves a financial intermediary between the borrower and the saver.
A)Direct finance
B)Indirect finance
C)Currency swap
D)Currency conversion
E)Cross rate

Name: _____ involves a financial intermediary between the borrower and the saver. A)Direct finance B)Indirect finance C)Currency swap D)Currency conversion E)Cross rate
Brand: Quizplus
Rating: 4.8 (33 reviews)

Question

Quizplus · Accepted Answer

Indirect finance involves a financial intermediary (like a bank) between the borrower and the saver, facilitating the movement of funds between them.

_____ Involves a Financial Intermediary Between the Borrower and the Saver