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Which of the functions of a financial intermediary is described by the following statement 'Invests...

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Which of the functions of a financial intermediary is described by the following statement 'Invests across a wide range of assets to reduce the loss of capital value if a particular borrower defaults'?

A.

Aggregation

B.

Risk management

C.

Maturity transformation

D.

Introducing borrows and lenders

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TESTED 05 Aug 2025