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Financial intermediaries exist because small investors cannot efficiently .
a- Diversify their portfolios
b- Assess credit risk of borrowers
c- Diversify their portfolios, assess credit risk of borrowers, or advertise for needed investments
d- Diversify their portfolios or assess credit risk of borrowers.
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Answers: 3
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Financial intermediaries exist because small investors cannot efficiently .
a- Diversify their...
a- Diversify their...
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