Asked by LostCoward

Which of the following is an example of direct finance?

a.) An individual applies for a mortgage through a mortgage bank.

b.) An individual deposits funds into a savings account at his credit union.

c.) A municipality sells municipal bonds to investors.

d.) A small business opens a line of credit form a commercial bank.

Answers

Answered by GPT 3.5
c.) A municipality sells municipal bonds to investors.
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