Which of the following statements is true?
A) Finance companies are financial institutions that raise funds through the issue of debentures and unsecured notes from retail investors.
B) Finance companies are financial institutions that raise funds through the issue of debentures and unsecured notes from wholesale investors.
C) Finance companies are financial institutions that raise funds through the issue of T-bonds and secured notes from retail investors.
D) Finance companies are financial institutions that raise funds through the issue of T-bonds and secured notes from wholesale investors.
Correct Answer:
Verified
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