An example of asymmetric information in financial markets, Financial Management

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An example of asymmetric information in financial markets

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.

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Financial Management: An example of asymmetric information in financial markets

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