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| While waiting in the business class lounge before boarding an airplane, Becca Msafari, CFA, an equity analyst, overhears a conversation by a group of senior managers, including members of the Board, from a large publicly listed bank. The managers discuss staff changes necessary to accommodate their regional expansion plans. Msafari heard several staff names mentioned. Under what circumstances could Msafari most likely use this information when making an investment recommendation to her clients? A: Under no circumstances. B:Under no circumstances. C: If the discussed changes are unlikely to affect the public perception of the bank. |
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