Financial intermediaries _______________.
A. do not invest in new long-term securities.
B. include insurance companies and pension funds
C. include the national and regional stock exchanges.
D. are usually underwriting syndicates.
Answer:B
Financial intermediaries _______________.
A. do not invest in new long-term securities. B. include insurance companies and pension funds C. include the national and regional stock exchanges. D. are usually underwriting syndicates.