- CFA Exams
- CFA Level I Exam
- Study Session 7. Corporate Finance (1)
- Reading 21. Analysis of Dividends and Share Repurchases
- Subject 1. Dividend policy and company value: theory
CFA Practice Question
The problem of transmitting information in such a way as to make it believable is known as a(n) ______ problem.
A. incongruent
B. asymmetric
C. signaling
Explanation: The problem of conveying information in a believable fashion is signaling problem.
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