Of the Following,which Is NOT an Activity Engaged in by a Financial

question 54

Multiple Choice

Of the following,which is NOT an activity engaged in by a financial intermediary?

• A)Matching borrowers and lenders
• B)Bearing risk
• C)Managing retirement portfolios for large classes of employees
• D)All of the above are activities of financial intermediaries.

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Definitions:

Investment Banker

Underwrites new issues of securities for corporations, states, and municipalities.

Securities

Financial instruments that represent ownership positions in corporations (stocks), creditor relationships with governmental bodies or corporations (bonds), or rights to ownership as represented by options.