Match the intermediary with the characteristic that best describes its function. I. Provide protection from adverse events II. Pool funds of small savers and invest in either money or capital markets III. Provide consumer loans and real estate loans funded by deposits IV. Accumulate and transfer wealth from work period to retirement period V. Underwrite and trade securities and provide brokerage services 1. Thrifts 2. Insurers 3. Pension funds 4. Securities firms and investment banks 5. Mutual funds A. 1, 3, 2, 5, 4 B. 4, 2, 3, 5, 1 C. 2, 5, 1, 3, 4 D. 2, 4, 5, 3, 1 E. 5, 1, 3, 2, 4
Match the intermediary with the characteristic that best describes its function. I. Provide protection from adverse events II. Pool funds of small savers and invest in either money or capital markets III. Provide consumer loans and real estate loans funded by deposits IV. Accumulate and transfer wealth from work period to retirement period V. Underwrite and trade securities and provide brokerage services 1. Thrifts 2. Insurers 3. Pension funds 4. Securities firms and investment banks 5. Mutual funds A. 1, 3, 2, 5, 4 B. 4, 2, 3, 5, 1 C. 2, 5, 1, 3, 4 D. 2, 4, 5, 3, 1 E. 5, 1, 3, 2, 4
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Match the intermediary with the characteristic that best describes its function.
I. Provide protection from adverse events
II. Pool funds of small savers and invest in either money or capital markets
III. Provide consumer loans and real estate loans funded by deposits
IV. Accumulate and transfer wealth from work period to retirement period
V. Underwrite and trade securities and provide brokerage services
1. Thrifts
2. Insurers
3. Pension funds
4. Securities firms and investment banks
5. Mutual funds
A. 1, 3, 2, 5, 4
B. 4, 2, 3, 5, 1
C. 2, 5, 1, 3, 4
D. 2, 4, 5, 3, 1
E. 5, 1, 3, 2, 4
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