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Signaling a. What is signaling in a corporate finance setting and why is it necessary? b. Explain two situations where signaling behavior may be used

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Signaling a. What is signaling in a corporate finance setting and why is it necessary? b. Explain two situations where signaling behavior may be used in a corporate finance situation to improve firm value. C. How can we be sure that the signal is reliable? i.e., What is to prevent the signal from being misleading

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