Which of the Following Can Be Described as Involving Direct

question 56

Multiple Choice

Which of the following can be described as involving direct finance?

• A) A corporation's stock is traded in an over-the-counter market.
• B) People buy shares in a mutual fund.
• C) A pension fund manager buys commercial paper in the secondary market.
• D) An insurance company buys shares of common stock in the over-the-counter markets.
• E) None of the above.

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Definitions:

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