Ivan Boesky, the Most Successful of the So-Called Arbs in the 1980s

question 5

Multiple Choice

Ivan Boesky, the most successful of the so-called arbs in the 1980s, was able to outperform the market on a consistent basis, indicating that

• A)securities markets are not efficient.
• B)unexploited profit opportunities were abundant.
• C)investors can outperform the market with inside information.
• D)only B and C of the above.

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