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Explain about the term investment intermediaries.
Investment intermediaries:
Investment intermediaries contain finance companies, mutual funds and investment banks and securities firms.
Mutual funds:
Mutual funds pool resources through several individuals and companies and invest such resources into diversified portfolios of bonds, money and stocks market instruments.
Finance companies:
Finance companies create loans to individuals and corporations from giving consumer lending, mortgage financing and business lending.
Investment banks and securities firms:
Investment banks help corporations or governments into the matter of new equity or debt securities.
Securities firms help in the trading of existing securities into the secondary markets.
Define the importance of mutual funds in the investment intermediaries. Mutual funds: Mutual funds pool resources by several companies and individuals and invest these re
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