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Margo, the CEO of an NYSE-traded company, gives a tip to her brother Jared that her company is about to announce very favorable news. Jared

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Margo, the CEO of an NYSE-traded company, gives a tip to her brother Jared that her company is about to announce very favorable news. Jared buys the stock before the announcement and then sells it when the stock price goes up, making $10,000 in trading profits. Which of the following is true about this transaction? Jared is guilty of insider trading. Margo is guilty of insider trading Neither Margo nor Jared is guilty of insider trading. Both Margo and Jared are guilty of insider trading

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