Principles of Managerial Finance (14th Edition) (Pearson Series in Finance)
Principles of Managerial Finance (14th Edition) (Pearson Series in Finance)
14th Edition
ISBN: 9780133507690
Author: Lawrence J. Gitman, Chad J. Zutter
Publisher: PEARSON
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Chapter 2, Problem 2.2WUE
Summary Introduction

To discuss:

Difference between raising capital through a financial institution and directly from a financial market.

Introduction:

Financial institutions are the institutions that act as intermediaries between the suppliers and demanders of funds in the financial system.

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