Question: FIs perform their intermediary function in two ways Othey serve as asset transformers by earning interest on secondary securities and paying interest on primary securities.
FIs perform their intermediary function in two ways Othey serve as asset transformers by earning interest on secondary securities and paying interest on primary securities. they specialize as brokers between savers and users and they serve as asset transformers by purchasing primary securities and issuing secondary securities. Othey specialize as brokers between savers and users. Othey serve as asset transformers by purchasing primary securities and issuing secondary securities
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