Question: Categorize the transaction below according to whether it: (1) relies on financial markets (direct finance) or financial intermediaries (indirect finance) (2) occurs in the primary

Categorize the transaction below according to whether it:

(1) relies on financial markets (direct finance) or financial intermediaries (indirect finance)

(2) occurs in the primary or secondary market

(3) is carried out in the money or capital market. Bank XYZ sells your mortgage loan of $900,000 maturing in 20 years to Bank ABC

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