Financial intermediaries exist because small investors cannot efficiently_____needed investments

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Financial intermediaries exist because small investors cannot efficiently_____

needed investments

diversify their portfolios

assess credit risk of borrowers

advertise for needed investments

diversify their portfolios, assess credit risk of borrowers, or advertise for

diversify their portfolios or assess credit risk of borrowers.

Giải thích

Chọn đáp án D

Giải thích: The individual investor cannot efficiently and effectively perform any of the tasks above without more time and knowledge than that available to most individual investors