Question: Assume you have money in a checking account at BAC which is FDIC insured, so you have zero risk, and it pays .02% in interest.
Assumeyouhave money in a checking account at BAC which is FDIC insured, so you have zero risk, and it pays .02% in interest.
Given the above, come up with a real-world example of Disintermediation in the context ofyouwanting no risk (that's a hint)!
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
