please answer 1 and 2 A and B

A. Answer each question in the space provided B. Partial credit is awarded only fr the work shown. C Unless otherwise stated all bond calculatons should be on a semiannual basis 1. What advantages do financial institutions provide to participants in direct financial markets? (6 points) 2. a. What is a financial intermediary? (4 points) (4 points) b. Give one example of intermediation provided by a commercial bank