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Home Q & A Board Other Fields Homework Help Business Economics
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valputin valputin
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8 years ago
Which of the following can be described as direct finance?
A) You buy shares of common stock in the secondary market.
B) You take out a mortgage from your local bank.
C) You buy shares in a mutual fund.
D) You borrow $2500 from a friend.
Textbook 
The Economics of Money, Banking and Financial Markets, Business School Edition

The Economics of Money, Banking and Financial Markets, Business School Edition


Edition: 4th
Author:
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Our course uses > The Economics of Money, Banking and Financial Markets
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MeelaMeela
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8 years ago
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valputin Author
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#2
8 years ago
Perfect answer, thx
Our course uses > The Economics of Money, Banking and Financial Markets
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#3
8 years ago
Great! Happy to be right Face with Stuck-out Tongue
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