The process of financial intermediation is also known as direct finance.
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The capital market is a financial market in which only short-term debt instruments (generally those with an original maturity of less than one year) are traded.
A. 对
B. 错
Prices for long-term bonds are more volatile than for shorter-term bonds.
A. 对
B. 错
The real interest rate is equal to the nominal rate minus inflation.
A. 对
B. 错
The current yield goes up as the price of a bond falls.
A. 对
B. 错