Which of the following explains why most external finance
Which of the following explains why most external finance is channeled through intermediaries.
a. Transaction Costs
b. Asymmetric Information
c. Free-rider problem
d. both a & b & c are correct
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with celebrity bonds celebrities raise money by issuing bonds to investors the royalties from the sales of music are
which of the following explains why most external finance is channeled through intermediariesa transaction costsb
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1 what is the over the counter marketsa stock exchangesb a decentralized market not listed in an exchangec feds foreign
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