Question 12 1 pts When management of the firm discovers a very profitable project that will surprise everyone, which of the following sources of capital should they try to avoid using to fund the investment? Equity Cash Debt Which of the following is not true about Private Equity? It contributes to the agent-principal problem It aims to improve the firms it buys It consolidates ownership It tends to use leverage for LBOS Buy-side vs. Sell-side is one way to slice financial markets. What's another one that may make more sense? Buyers vs. Short Sellers Hedge funds vs. Mutual funds PE vs. VC Deals (Private Markets) vs. Public Markets Lenders vs. Savers You buy a new car for $50K. After a few days, you decide that you don't want the car. What will be at the root of the reason why you will not be able to sell it for close to the amount you originally paid? Toothbrush Asymmetric information Depreciation O Principal-agent