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Financial Markets, Institut...
Chapter 11
Title Page
Chapter 1: The Financial System, Money, and the Exchange of Goods and Services
Chapter 2: Markets, Institutions, and Financial Instruments
Chapter 3: Time Value of Money and Interest Rates
Chapter 4: A Primer on Understanding Risk
Chapter 5: The Risk and Term Structure of Interest Rates
Chapter 6: Bonds
Chapter 7: Equities
Chapter 8: Introduction to Derivatives
Chapter 9: Options
Chapter 10: International Finance and Foreign Exchange Markets
Chapter 11: The Economics of Financial Intermediation
Chapter 12: Financial Industry Structure
Chapter 13: Cryptocurrencies and the Blockchain
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Chapter 11: The Economics of Financial Intermediation
Introduction
11.1 Purpose and Importance of Intermediaries
This is the current section.
11.2 Asymmetric Information and Information Costs
11.3 Adverse Selection
11.4 Moral Hazard
11.5 Knowledge Check
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