diversify their portfolios
gather all relevant information
assess credit risk of borrowers
advertise for needed investments
✅ The correct answer is E.
Financial intermediaries exist because small investors cannot efficiently diversify their portfolios, gather all relevant information, assess credit risk of borrowers and advertise for needed investments.
Financial intermediaries exist because small investors cannot efficiently diversify their portfolios, gather all relevant information, assess credit risk of borrowers and advertise for needed investments.