Examveda
Examveda

Financial intermediaries exist because small investors cannot efficiently ________.

A. diversify their portfolios

B. gather all relevant information

C. assess credit risk of borrowers

D. advertise for needed investments

E. all of above

Answer: Option E

Solution(By Examveda Team)

Financial intermediaries exist because small investors cannot efficiently diversify their portfolios, gather all relevant information, assess credit risk of borrowers and advertise for needed investments.

This Question Belongs to Commerce >> Financial Management

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