Which of the following statements is the most representative example of the credit transformation function...
90.2K
Verified Solution
Link Copied!
Question
Finance
Which of the following statements is the most representative example of the credit transformation function of a financial intermediary?
Select one:
a.
A saver can withdraw their funds immediately without borrowers having to repay their loans early
b.
The creation of a secondary market offers maturity that encourages market participants to purchase securities in the primary market
c.
The collection of many small deposits from many savers together into a liquid pool that can be loaned out in large amounts to a firm
d.
The credit risk exposure of the saver is limited to the financial intermediary default risk not to the borrower of the financial intermediary
e.
A saver can invest for shorter time horizon while a borrower can borrow for 30 years
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.