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Which of the following is not a perfect capital markets assumption?a. There are no taxes.b. No firm faces financial distress or bankruptcy.c. Individuals can borrow or lend at the same rate as firms.d. As insiders, managers have access to more information than investors regarding the future prospects of the firm.”Do you need a similar assignment done for you from scratch? We have qualified writers to help you with a guaranteed plagiarism-free A+ quality paper.
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