Which of the following are benefits of financial, Financial Management

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Which of the following are benefits of financial

1. Which of the following are benefits of financial intermediaries?

Increase market liquidity

Provide a direct market for investors

Act as agents of the government

Increase market liquidity and provide a direct market for investors

2. Which of the following is not an example of a financial institution that applies collective risk bearing?

A) Insurance companies

B) Pension plans

C) Mutual funds

D) Swiss banks

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