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    Exam 11: The Efficient Market Hypothesis
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    Jaffe (1974) Found That Stock Prices _________ After Insiders Intensively
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Jaffe (1974) Found That Stock Prices _________ After Insiders Intensively

Question 66

Question 66

Multiple Choice

Jaffe (1974) found that stock prices _________ after insiders intensively bought shares.


A) decreased
B) did not change
C) increased
D) became extremely volatile
E) became much less volatile

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