10 12. Using the sample of January 1990 through November 2022, what is the likelihood of losing more than 20% of your money in one month when investing in the MSFT stock? A. 0.60% B. 0.75% C. 0.96% D. 1.50% E. 1.26% 13. When was the highest one month return for MSFT observed? A. October, 1998 B. September, 2009 C. December, 2000 D. June, 2012 E. January, 1994 14. Propose a model to test whether the return in that month differed (was abnormal). Please write the model and report the results of it. Make sure to explain the model and the results in your own words. A. The return was abnormal B. The return was not abnormal I 15. Propose and test a model that would simultaneously test whether the most extreme positive return differed significantly from zero and whether the relation between the return on a stock and return on the overall market experienced a structural (permanent) shift following the abnormally high return identified earlier in this task. Make sure to explain the model and the results in your own words. A. The shift was permanent B. The shift was not permanent

12. Using the sample of January 1990 through November 2022 , what is the likelihood of losing more than 20% of your money in one month when investing in the MSFT stock? A. 0.60% B. 0.75% C. 0.96% D. 1.50% F. 126% 13. When was the highest one month return for MSFT observed? A. October, 1998 B. September, 2009 C. December, 2000 D. June, 2012 E. January, 1994 14. Propose a model to test whether the return in that month differed (was abnormal). Please write the model and report the results of it. Make sure to explain the model and the results in your own words. A. The return was abnormal B. The return was not abnormal 15. Propose and test a model that would simultaneously test whether the most extreme positive return differed significantly from zero and whether the relation between the return on a stock and retum on the overall market experienced a structural (permanent) shift following the abnormatly high return identified earlier in this task. Make sure to explain the model and the results in your own words. A. The shitt was permanent B. The shift was not permanent