Quiz Ch 08 – Understanding Inside Trades and Excess Returns

Essentials of Investments

Bodie, Kane, and Marcus

12th Edition

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Why do investors usually fail to gain excess returns by tracking public inside trades, according to Seyhun?

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  • Search Terms: __________. a) the abnormal according after apply at available become by cannot costs disclose doesn't don't earn excess following for have information inside insiders d) insiders investors is isn't late-disclosure least main offset public reason results returns returns c) the rule sec seyhun, that the their they to trades weeks b) transaction
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