QUESTION 1 A financial intermediary is a corporation that takes funds from investors and then provides those funds to those who need capital . A bank that takes in demand deposits and then uses that money to make long-term mortgage loans is one example of a financial intermediary True False QUESTION 2 In a "Dutch auction for new stock, individual investors place bids for shares directly. Each potential bidder indicates the price he or she is willing to pay and how many shares he or she will purchase at that price. The highest price that permits the company to sell all the shares it wants to sell is determined, and this is the market clearing price." All bidders who specified this price or higher are allowed to purchase their shares at the market clearing price. True False