(Market efficiencytrading on inside information) The CEO of Monkey Business Corporation (MBC) and his nephew were arrested...
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(Market efficiency—trading on inside information) The CEO of Monkey Business Corporation (MBC) and his nephew were arrested after it was found out that the nephew bought $1,000,000 worth of MBC stocks shortly before the price of the stocks jumped by 45%. Assuming that the allegations are true, what type of market efficiency does the above contradict?
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Muhammad Umair
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Related Book For 
Principles Of Finance Wtih Excel
ISBN: 9780190296384
3rd Edition
Authors: Simon Benninga, Tal Mofkadi
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