Question: What is the difference between indirect transfer of capital using an investment bank and indirect transfer of capital using a financial intermediary? A. A financial

What is the difference between indirect transfer of capital using an investment bank and indirect transfer of capital using a financial intermediary?

A. A financial intermediary buys all the firm's shares and then resells them. An investment bank sells their own shares and then uses the profits to buy shares of other companies.

B. A financial intermediary underwrites the shares. An investment bank can only use a dutch auction.

C. An investment bank buys in the secondary market. A financial intermediary buys in the primary market.

D. An investment bank buys all the firm's shares and then resells them. A financial intermediary sells their own shares and then uses the profits to buy shares of other companies.

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