Question: As explained in Section 532 security price changes in narrow windows are interpreted as caused by accounting information while for wide windows security price changes

As explained in Section 532 security price changes in narrow windows are interpreted as caused by accounting information while for wide windows security price changes and accounting information are only associated Thus if the interpretation of a narrow window ERC is different from a wide window ERCHere we will refer somewhat loosely to both types as simplhy ERCs

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