Business, 07.06.2020 00:57 EinsteinBro

Nester, a salesperson for Olive Grove Corporation, learns that Olive Grove will increase the dividend it pays to shareholders. Nester buys 10,000 shares of Olive Grove stock. When the dividend is announced to the public and the price of the stock increases, Nester sells his shares for a profit. Nester would not be liable for insider trading if the information about the dividend was:.A) material when he sold the stock. B) available to the public after he bought the stock. C) available to the public before he bought the stock. D) forward-looking when he bought the stock.

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