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vodomira [7]
3 years ago
10

All financial intermediaries are authorized depository institutions by APRA to carry out financial intermediation

Business
1 answer:
VladimirAG [237]3 years ago
7 0

Answer:

The correct answer is the option: True.

Explanation:

First of all, the<em> Australian Prudential Regulation Authority</em> or APRA is the name given to an independent statutory authority whose main purpose is to regulate and supervise institutions across banking, insurance and superannuation and promotes financial system stability in Australia.

Secondly, <em>authorized deposit-taking institutions</em> are those financial institutions that are permitted to accept deposits from the public in Australia and <u>all financial intermediaries that are registered are authorized to carry out financial intermediation</u>.

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Answer:

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The current yield is defined as the annual interest on a bond divided by the: Multiple Choice coupon rate. face value. market pr
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Answer:

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