Question
Why are not stocks the most important source of external financing for businesses? Explain this briefly using. a- ) the adverse selection in equity contracts
Why are not stocks the most important source of external financing for businesses?
Explain this briefly using.
a-) the adverse selection in equity contracts and the most important tool to solve this.
b-) the moral hazard in equity contracts and issues in equity contracts and explain the tools to solve them.
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Introduction To Derivatives And Risk Management
Authors: Robert Brooks, Don M Chance, Roberts Brooks
8th Edition
0324601212, 9780324601213
