Which of the following is an example of financial intermediation?

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
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Which of the following is an
example of financial
intermediation?
A. An Internet company issues stock
by selling shares directly to buyers.
B. A woman opening a new
business borrows funds from her
uncle.
C. A professor purchases shares of
stock directly from a corporation.
D. A bank extends a mortgage loan
to a household.
Transcribed Image Text:Which of the following is an example of financial intermediation? A. An Internet company issues stock by selling shares directly to buyers. B. A woman opening a new business borrows funds from her uncle. C. A professor purchases shares of stock directly from a corporation. D. A bank extends a mortgage loan to a household.
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