Only the most reputable borrowers operate by ________ finance,such as selling securities ________.

Question

Quizplus · Accepted Answer

Direct finance involves the borrower selling securities (such as bonds) directly to investors on the bond market. Only the most reputable borrowers can successfully sell their securities through direct finance, as investors require a high level of confidence in the borrower's ability to repay the loan. Therefore, option D is the best choice as it correctly identifies the use of direct finance and the bond market for selling securities.

Only the Most Reputable Borrowers Operate by ________ Finance,such as Selling