Asymmetric information implies that creditors may have better information about a firm's cash flows than other stakeholders.

Name: Asymmetric information implies that creditors may have better information about a firm's cash flows than other stakeholders.
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Asymmetric information typically means that the firm's managers or insiders have better information about the firm's cash flows and financial health than external stakeholders, including creditors.

Asymmetric Information Implies That Creditors May Have Better Information About