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An example of asymmetric information in financial markets is that

A) the borrower knows more than the lender.

B) the lender knows more than the borrower.

C) the borrower has a long-term goal while the lender has a short-term goal.

D) the borrower and lender have different expectations about financial markets.

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M91769082

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