Which of the followings are Capital Market Imperfections: I) Agency Costs; II) Corporate Governance and Control; III) Financial Distress; IV) Information Asymmetry; V) Taxes.

Which of the followings are Capital Market Imperfections: I) Agency Costs; II) Corporate Governance and Control; III) Financial Distress; IV) Information Asymmetry; V) Taxes.


a. I, II, and III only
b. I, II, and V only
c. I, II, III, and IV only
d. I, II, III, IV, and V


Answer: d. I, II, III, IV, and V


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