Which of the following can be described as involving indirect finance?
A. A bank buys a U.S. Treasury bill from one of its depositors.
B. A corporation buys commercial paper issued by another corporation.
C. A pension fund manager buys commercial paper in the primary market.
D. Both (a) and (c) of the above.
Answer:D
Which of the following can be described as involving indirect finance?
A. A bank buys a U.S. Treasury bill from one of its depositors.
 B. A corporation buys commercial paper issued by another corporation.
 C. A pension fund manager buys commercial paper in the primary market.
 D. Both (a) and (c) of the above.
