A Bank Issuing a Certificate of Deposit (CD)to a Depositor

Multiple Choice

A bank issuing a Certificate of Deposit (CD) to a depositor and then lending the money deposited to a business borrower is an example of a(n) :

A) direct transfer from a business to an investor.
B) direct transfer through an investment bank.
C) direct transfer through a financial intermediary.
D) indirect transfer through an investment bank.
E) indirect transfer through a financial intermediary.