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The research done by Ikenberry, Lakonishok, and Vermaelen supports the argument that mangers: Multiple Choice effectively time IPOs but not SEOs. can effectively time stock
The research done by Ikenberry, Lakonishok, and Vermaelen supports the argument that mangers:
Multiple Choice
effectively time IPOs but not SEOs.
can effectively time stock sales but not repurchases.
cannot effectively time either stock sales or repurchases.
cannot effectively time IPOs.
effectively time stock repurchases.
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