Question: When adverse selection problems exist in stock and bond markets, high - quality stocks will be priced Blank _ _ _ _ _ _ and

When adverse selection problems exist in stock and bond markets, high-quality stocks will be priced Blank______ and high-quality bonds will pay a risk premium that is Blank______.
Multiple choice question.
too low; too low
too high; too low
too high; too high
too low; too high

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