Hi everyone new to OT
Indicate which of the following statements correctly describe the functions that financial intermediaries fulfil for customers and borrowers
1.Money Transformation
2. Fund Aggregation
3.Dividend Creation
4.Pooling of losses
The correction answer is Dividend creation
Shouldn't it be Money Transformation Fund Aggregation, and pooling of losses
Thanks
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Financial management environment
5y ago#1Are you sure that you have read the question correctly, because dividend creation is the only statement that does NOT describe the functions of financial intermediaries.
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