Can you shed light on the following facts and explain their possible interrelationships? a. Commercial paper issues
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Can you shed light on the following facts and explain their possible interrelationships?
a. Commercial paper issues by nonfinancial corporations in the United States have grown six fold in the last 20 years.
b. Large money center banks are turning increasingly to “middle market” borrowers (i.e., those with loan requests between $5 million and $200 million).
c. Securitization has grown rapidly.
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i Implies less dependence of the nonfinancial corporations on banksFI for financing and more relianc...View the full answer
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Related Book For 
Contemporary Financial Intermediation
ISBN: 9780124052086
4th Edition
Authors: Stuart I. Greenbaum, Anjan V. Thakor, Arnoud Boot
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