Which of the following is INCORRECT about asymmetric into? (single choice)

A. it is costly for both equity issuer and investors

B. in the used car market example, in equilibrium. only bad cars get sold cheap

C. equity issuer should disclose information to justify its decisions to reduce asymmetric info

D. it is considered as a disadvantage for debt

7. which of the following is INCORRECT about asymmetric info? it is costly for both equity issuer and investors 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 disadvantage for debt