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which of the following is INCORRECT about asymmetric info? in the used car market example, in equilibrium only bad cars get sold cheap equity issuer

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which of the following is INCORRECT about asymmetric info? in the used car market example, in equilibrium only bad cars get sold cheap equity issuer should disclose information to justify its decisions to reduce asymmetric info it is considered as a type of cost for debt it is costly for both equity issuer and investors

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