Which of the following illustrates the function of the financial market? (1 point)
Saved funds are transferred to borrowers via the sale of newly-issued
securities.
Saved funds are transferred to borrowers via the issuing of bank loans.
Saved funds are transferred to lenders through the sale of newly-issued
securities.
Saved funds are transferred to lenders via the issuing of bank loans.
1 answer
Saved funds are transferred to borrowers via the sale of newly-issued securities.