Question 5 5 pts Select the key factor(s) that lead to the Market Timing Hypothesis. (It is possible to select more than one) Asymmetric information means that investors are concerned that the firm will try to take advantage of them when issuing debt and/or equity, so they demand additional return as compensation There is a risk of bankruptcy, even if there is no cost of bankruptcy Debt payments are tax deductible for the firm while equity payments are not O Corporate taxes exist Irrationality on the part of investors means that the company can issue overvalued claims and repurchase undervalued claims