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7 The announcement of a stock offering (ralse capital through issuing more shares of stock) by a mature firm that seems to have multiple financing

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7 The announcement of a stock offering (ralse capital through issuing more shares of stock) by a mature firm that seems to have multiple financing alternatives is taken as a signal that a. the firm is in big trouble b. the CEO has accepted an invitation to go on CNBC c. the firm's prospects are very good d. the firm's prospects are "not" very good e none of the above 8 The assumption that managers have exactly the same information about a firms prospects as It shareholders a. the inefficient market hypothesis b. symmetric information c. asymmetric information d buddy system none of the above e

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