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Question 5 1 pts In a financial market there are two types of securities. M and N. Buyers value M at $14 and N at
Question 5 1 pts In a financial market there are two types of securities. M and N. Buyers value M at $14 and N at $10.50. while sellers value Mat $12.90 and N at $8. If buyers cannot observe type, what is the minimum fraction of type M needed in order to sustain trade and avoid adverse selection problems? 0.66 0769 0.76
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