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Business, 23.05.2020 02:57 aariannahnorwoo

Businesses, individuals, and governments often need to raise capital, while others have surplus funds. In a well-functioning economy, capital flows efficiently from those with surplus capital to those who need it. Transfers can take place in 3 ways:.
1. indirect, direct transfers without going through any type of financial institution,
2. indirect, direct transfers through investment banks that underwrite the securities, and indirect transfers through financial 3. agencies, intermediaries, funds that create new forms of capital.

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