Della, an officer for energy petrol corporation (epc), buys 100 shares of epc stock. one week later, epc announces that it will merge with a competitor, fuel oil company, and the price of epc stock increases. one month later, della sells her shares for a profit. under section 16(b) of the securities exchange act of 1934, della would not be liable if, after buying the stock, she had waited?
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