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(a) Is the event study method an inductive or a deductive research process? Why? (15 marks) (b) Discuss theoretical assumption of the event study method.

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(a) Is the event study method an inductive or a deductive research process? Why? (15 marks) (b) Discuss theoretical assumption of the event study method. (10 marks) (c) Use an example to illustrate (step by step) how a researcher can conduct an event study. (25 marks)

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