CFIN (with Online, 1 term (6 months) Printed Access Card) (New, Engaging Titles from 4LTR Press)
CFIN (with Online, 1 term (6 months) Printed Access Card) (New, Engaging Titles from 4LTR Press)
5th Edition
ISBN: 9781305661653
Author: Scott Besley, Eugene Brigham
Publisher: Cengage Learning
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Chapter 3, Problem 7PROB
Summary Introduction

Financial intermediaries are organizations such as commercial banks, pension funds and insurance companies. They are responsible in transferring if funds from ones who have the to the ones who need them.

Expected changes in the characteristics of financial intermediaries.

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