14. In 1986 and 1987 several high-profile insider trading scandals were exposed. a. Is successful insider trading

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14. In 1986 and 1987 several high-profile insider trading scandals were exposed.

a. Is successful insider trading consistent with the three forms of market efficiency?

Explain.

b. Play the role of devil's advocate and present a case outlining the benefits to financial markets of insider trading.

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Investments

ISBN: 9788120321014

6th Edition

Authors: William F. Sharpe, Gordon J. Alexander, Jeffery V. Bailey

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