Asymmetric Information Is Best Defined As

question 59

Multiple Choice

Asymmetric information is best defined as:

• A)information that is available to both parties in a deal and which can be exploited equally by each.
• B)information that is available to neither party in a deal.
• C)information that is available to one party in a deal but is not available to the other.
• D)any information provided by insiders of the firm.

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