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Finance

Problem:

Kista received a tip from an employee that her company, World Industries is about to make a bid to buy Carlton Slate Corporation at a price of $100 per share. Krista went online and saw that the information was not yet public and Carlton was trading for $60 per share. Drista bought 500 shares. Of what, if anything, is Krista possibly guilty?

Selective disclosure
Insider trading
Full and fair disclosure
Embezzlement
Nothing, since Krista isn't an employee of either company

Note: Please provide equation and explain comprehensively and give step by step solution.

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M91148333

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Current Assets$1,350 Total Assets$2,500 Operating Profit$475 Debt$975 Net Income$300 Inventory$450 Cost of Goods Sold$525 Sales$1,350 Current Liabilities$800 Total Equity$1,525 Total Liabilities and owners equity$2,500 C ...

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