Compared to direct transactions between ultimate fund users and providers, fee-charging, profit-oriented financial institutions provide the benefit of _____. I. reducing the search costs and improving matching between fund users and providers II. transforming the size, duration, risk and liquidity of assets to better serve the needs of fund users and providers III. providing information-related products and services to fund users and providers Group of answer choices a. I b. I and II c. I and III d. I, II and III

Entrepreneurial Finance
6th Edition
ISBN:9781337635653
Author:Leach
Publisher:Leach
Chapter13: Other Financing Alternatives
Section: Chapter Questions
Problem 19DQ
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Compared to direct transactions between ultimate fund users and providers, fee-charging, profit-oriented financial institutions provide the benefit of _____.

I. reducing the search costs and improving matching between fund users and providers

II. transforming the size, duration, risk and liquidity of assets to better serve the needs of fund users and providers

III. providing information-related products and services to fund users and providers

Group of answer choices
a. I
b. I and II
c. I and III
d. I, II and III
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