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1. List two services that FI's provide to the public. Why do intermediaries provide these services? What is a contingent financial claim? give two examples.

2. How are FI's like other firms? How are FI's similar to each other? How are they different?

3. What is a depository institution? What are the main types of depository institutions? What distinguishes them from other intermediaries?

4. Why do banks hold reserve assets?

5. John, a recent College graduate, is buying his first house. From which FI's could he obtain a mortagage loan?

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M91774901

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