One of the results of the financial innovations, which have occurred since the 1960, has been the introduction of market-broadening instruments, which increase the liquidity of markets and the availability of funds by:
A) Attracting new investors.
B) Offering new opportunities for borrowers.
C) Reallocating financial risk to those less adverse to them.
D) a anb b only.
E) All of the above.
Correct Answer:
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