EBK CFIN
6th Edition
ISBN: 9781337671743
Author: BESLEY
Publisher: CENGAGE LEARNING - CONSIGNMENT
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Chapter 3, Problem 8PROB
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.
Describe the difference in the function of financial intermediaries in the United States and other parts of the world.
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