Question: dentify which fund transfer process each scenario best represents. Scenario Direct Transfer Indirect Transfer through an Investment Banking House Indirect Transfer through a Financial Intermediary
dentify which fund transfer process each scenario best represents.
| Scenario | Direct Transfer | Indirect Transfer through an Investment Banking House | Indirect Transfer through a Financial Intermediary | |
|---|---|---|---|---|
| Two years ago, Felix started a new business. Now he needs additional capital to finance additional growth and is meeting with a group of "angel" investors. If they decide to make the loan, they will do so without the use of a middleman or other intermediary. | ||||
| International Imports, Inc. would like to borrow additional debt capital. The company has hired a firm to assist in the sale of a new issue of 10-year bonds. | ||||
| Universal Exports, Inc. holds cash balances in an institution that, in turn, loans out the funds to other individuals and companies. |
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