Disintermediation can be best defined as movement of funds from accounts with:
A) deposit-taking financial intermediaries and the reinvestment of those funds in bonds.
B) deposit-taking financial intermediaries and the reinvestment of those funds in international equities.
C) deposit-taking financial intermediaries and the reinvestment of those funds in higher yielding securities.
D) non-deposit-taking financial intermediaries and the reinvestment of those in high-yielding securities.
Correct Answer:
Verified
Q18: In order to discount a commercial bill:
A)a
Q19: Which of the following permits a company
Q20: The cost of a bank overdraft:
A)does not
Q21: Which of the following statements with regard
Q22: A non-bank bill may be more difficult
Q24: In a bill acceptance facility:
A)the bank undertakes
Q25: The difference between commercial paper and a
Q26: A revolving credit bill facility is:
A)similar to
Q27: What is the implicit effective annual interest
Q28: The acceptance fee in relation to a
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents