Which of the following functions does  not require financial markets?     transporting of cash across time     provision of pricing information     risk reduction by investment in diversified portfolios     provision of liquidity

International Financial Management
14th Edition
ISBN:9780357130698
Author:Madura
Publisher:Madura
Chapter1: Multinational Financial Management: An Overview
Section: Chapter Questions
Problem 2ST
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Which of the following functions does  not require financial markets?
   
transporting of cash across time
   
provision of pricing information
   
risk reduction by investment in diversified portfolios
   
provision of liquidity
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