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QUESTION 2 (35 MARKS) a. In financial system, there are three ways for finance transaction...

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QUESTION 2 (35 MARKS) a. In financial system, there are three ways for finance transaction to occur. Explain briefly each of the way including the party/s involved. (9 marks) d. Elaborate on why the distinction between a bank-dominated financial system and the security-dominated financial system are important. (10 marks)

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