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Reptor Reptor
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6 years ago
Smaller firms tend to rely on financial intermediaries instead of financial markets for external financing due to
A) transactions costs.
B) adverse selection.
C) moral hazard.
D) all of the above.
Textbook 
Money, Banking, and the Financial System

Money, Banking, and the Financial System


Edition: 3rd
Authors:
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vehmeinvehmein
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6 years ago
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