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mantparn mantparn
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7 years ago
Which of the following is true of a securities exchange?
A) It serves as an intermediary by channeling the savings of individuals, businesses, and governments into loans or investments.
B) It borrows funds directly from the financial institutions.
C) It is an association of banks who meet to buy and sell stocks and bonds.
D) It provides a marketplace in which firms can raise funds through the sale of new securities and purchasers can resell securities.
Textbook 
Principles of Managerial Finance

Principles of Managerial Finance


Edition: 14th
Authors:
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alovelyalovely
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7 years ago
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"It is better to fail in originality than to succeed in imitation."

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mantparn Author
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#2
7 years ago
Whoa I needed this Smiling Face with Open Mouth
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