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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