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Memphic Memphic
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6 years ago
The idea that when a seller has private information about the value of good, buyers will discount the price they are willing to pay due to adverse selection is known as the:
A) pecking order hypothesis.
B) signaling theory of debt.
C) lemons principle.
D) credibility principle.
Textbook 
Corporate Finance: The Core

Corporate Finance: The Core


Edition: 4th
Authors:
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anicidanicid
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6 years ago
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Memphic Author
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This calls for a celebration Person Raising Both Hands in Celebration
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I appreciate what you did here, answered it right Smiling Face with Open Mouth
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