The following are the advantages of financial intermediaries, except:  A. Provide guaranteed returns for investor to maximize their wealth. B. Economies of scale which reduces the costs of lending and borrowing. C. None of the choices. D. Provides convenience to the borrowers of funds.

Economics (MindTap Course List)
13th Edition
ISBN:9781337617383
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter12: Money, Banking And The Financial System
Section: Chapter Questions
Problem 16QP
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The following are the advantages of financial intermediaries, except: 
A. Provide guaranteed returns for investor to maximize their wealth.
B. Economies of scale which reduces the costs of lending and borrowing.
C. None of the choices.
D. Provides convenience to the borrowers of funds.

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