- CFA Exams
- CFA Level I Exam
- Topic 4. Corporate Issuers
- Learning Module 16. Analysis of Dividends and Share Repurchases
- Subject 3. Dividend Policy: Other Theoretical Issues
CFA Practice Question
When two parties possess different amounts of information about the same subject, the situation is known as " ______ information".
B. asymmetric
C. diverse
A. incongruent
B. asymmetric
C. diverse
Correct Answer: B
Asymmetric information is when two parties have different amounts of information about the same subject.
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