Default free or risk free securities are issued by, Financial Management

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Default free or risk free securities are issued by

1. There are several reasons for recent financial innovation including _______.

avoidance of regulation

changes in the NYSE

changes in household income

2. Default free or risk free securities are issued by _______.

United States government [Uncle Sugar]

state governments

municipal governments

3. Which of the following illustrates Indirect Funds Transfer?

Lender <=> Borrower

User <=> Saver

Borrower <=> Financial Intermediary <=> Saver

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Financial Management: Default free or risk free securities are issued by

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