True or False. Explain your answer within two sentences. (4 points each, 36 points total) d. When Company PaperMate announced bankruptcy, its share price fell from $2.0 to $0.0 per share. There were 1 million shares outstanding. Thus, the cost of bankruptcy for the firm is roughly $(2.00.0)1m=$2 million. e. Managers make superior returns on their purchases of their company's stock. This observation contradicts the strong form market efficiency