Question
1. Illegal insider trading is when senior company officials trade their own company shares. (legal as long as disclosure requirements are followed) True False 2.
1. Illegal insider trading is when senior company officials trade their own company shares. (legal as long as disclosure requirements are followed)
True
False
2. Which of the following is not the reason for banning insider trading?
| A. | Provides unfair advantage to some | |
| B. | Increases informativeness of prices | |
| C. | Insider make more money than others | |
| D. | Adversely affects market morale |
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Fundamentals Of Corporate Finance
Authors: Richard A. Brealey, Marcus, Alan J, Myers, Stewart C.
2nd Edition
0070074860, 9780070074866
