15 mark question- about an 3/4-1 a4 page.

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Question 4) Framial Intitubons and Intermodnacs 215 mark essays 1 What probleans does ayymetric info cause in financial markets? Explam the crucial role that finusial internediacies play in redocing the impact of it. 2. Exphain how moral hamed influences a firms choice between dcbt and equity as sources of Eanance Lor a firm. 1. What peoblessi deeb the pecience of asymmetric infotmation cause in financial imarkeds? Explain the crucal tole than financial whermedtanes play in reducing the atppact of asymmetric information