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Harriet Moore is an accountant for New WorldPharmaceuticals. Her duties include tracking research and development spendingin the new product development division. Over the course of the past sixmonths, Harriet has noticed that a great deal of funds have been spent on aparticular project for a new drug. She hears “through the grapevine” that thecompany is about to patent the drug and expects it to be a major advance inantibiotics. Harriet believes that this new drug will greatly improve companyperformance and will cause the company’s stock to increase in value. Harrietdecides to purchase shares of New World in order to benefit from this expectedincrease.RequiredWhat are Harriet’s ethical responsibilities, if any, withrespect to the information she has learned through her duties as an accountantfor New World Pharmaceuticals? What are the implications of her plannedpurchase of New World shares?We are required to compose an initial post of 300-400 words inAPA.