Question: Suppose you observed that high-level managers consistently make superior returns on investments in their company's stock. Would this be a violation of a. weak-form efficiency?

Suppose you observed that high-level managers consistently make superior returns on investments in their company's stock. Would this be a violation of a. weak-form efficiency? (explain your answer) b. strong-form efficiency? (explain your answer) Is the following statement true or false? Explain your answer. "Frequent price changes for stocks suggests the stock market is not efficient

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