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Financial intermediaries and Markets

This topic has 1 reply, 2 voices, and was last updated 4 years ago by Ken Garrett.

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July 17, 2020 at 6:40 am #577043
sagarnitish
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Explain how asymmetric information affect financial intermediaries.
July 17, 2020 at 6:57 pm #577200
Ken Garrett
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Doesn’t seem relevant to AB, but it meams that eg a stockbroker might know than an investor and so adjust the share price to the investor’s disadvantage.
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