Roles of non banking financial intermediaries compared

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1. What are the roles of Non banking Financial intermediaries compared to the banking systems, and how these both complement to the financial assistance?

2. Interest rates on 4-year Treasury securities are currently 6%, while 6-year Treasury securities yield 6.5%. If the pure expectation theory is correct, what does the market believe that 2-year securities will be yielding 4 years from now? Show work.

Reference no: EM131944561

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