Which of the following theories does not explain the first day stock price behaviour of initial public offerings? I. Asymmetric information between the investment banks and issuer, between the issuer and the underwriters, and between the underwriters and the investors II. Signaling on the issuer's ability to recoup the cost and raise additional equity later III. Monopoly power by the investment banks against the issuer 0 A. I only 0 B. III only 0 C. I and Ill only 0 D. II and III only 0 E. None of the choice combinations in A, B, C and D are correct