Question: Which is true about direct and indirect finance Question 2 options: A) Direct finance is when Goldman Sachs sells an IPO into the capital markets
Which is true about direct and indirect finance Question 2 options:
A) Direct finance is when Goldman Sachs sells an IPO into the capital markets and indirect finance is when Citizens opens up deposit savings accounts and also provides car loans and credit cards
B) Direct finance is when Citizens opens up deposit savings accounts and also provides car loans and credit cards while indirect finance is when Goldman Sachs sells an IPO into the capital markets
C) Direct finance is when a commercial bank makes a loan and indirect finance is when Merrill Lynch issues Eurodollar bonds for Microsoft's capital base
D) Neither have a practical application as this is just
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