Business, 29.10.2019 02:31 heleneallie7ou1fnk

Businesses, individuals, and governments often need to raise capital, while others have surplus funds. in a well-functioning economy, capital flows efficiently from those with surplus capital to those who need it. transfers can take place in 3 ways: -select-indirect, direct transfers without going through any type of financial institution, -select-indirect, direct transfers through investment banks that underwrite the securities, and indirect transfers through financial -select-agencies, intermediaries, funds that create new forms of capital.

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