Investments
11th Edition
ISBN: 9781259277177
Author: Zvi Bodie Professor, Alex Kane, Alan J. Marcus Professor
Publisher: McGraw-Hill Education
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Question
Chapter 1, Problem 3PS
Summary Introduction
To specify: The relationship between securitization and financial intermediary’s role in the economy.
Introduction:
Financial intermediary: An individual or an institution acting as a middleman among various parities to facilitate the financial transactions can be termed as a financial intermediary. Examples are: Investment or commercial banks, stock brokers, stock exchanges etc.
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