15. From the perspective ofa proponent of market efficiency, why is it surprising that trades based on

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15. From the perspective ofa proponent of market efficiency, why is it surprising that trades based on insider trading data found in the SEC's Official Summary of Insider Transactions appear to produce significant abnormal profits?

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Investments

ISBN: 9788120321014

6th Edition

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

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Question Posted: Jul 25, 2024 08:01 AM

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15. From the perspective ofa proponent of market efficiency, why is it surprising that trades based on

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Investments

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