Consider a Kyle $(1985)$ model where the true value of the stock is $$30,$ the unconditional variance of the true value is $25,$ the variance of uninformed trading is $3600$ and the

unconditional expected value of the stock is $$25,$ i$.$e$.,$ E$[]=25,0(2)/(3)=25$

$=30,0,=3600.$

The informed trader$$s optimal demand $($based on the model$)$ is:$60$

B$.$

$55$

C$.$

$65$

D$.$

$70$