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cloveb cloveb
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7 years ago
Financial intermediariesgo to practice material could address the agency costs associated with investments better than individual households, because agglomerating funds of individual households helps:

A. To avoid free-rider problem.
B. To reduce costs of information collection and monitoring.
C. To develop new secondary securities to more effectively monitor owners/managers of invested companies.
D. Both A and B.
E. All of A, B and C

The University of New South Wales Unsw Business
School of Banking And Finance Fins 3630 – Bank Financial Management Exam 2015
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bolbolbolbol
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7 years ago
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