Checkitty On November 14. Thorogood Enterprises announced that the public and armonious battle with its current CEO had been resolved. Under the terms of the deal, the CEO would step down from his position immediately, in exchange, he was given a generous severance package. Given the information below. calculate the cumulative abnormal return (CAR) around this announcement . Assume the company has an expected return equal to the market return. (A negative value should be indicated by a minus sign. Leave no cells blank-be certain to enter "0" wherever required. Do not round intermediate calculations. Round your answers to 1 decimal place.) Company bat . Ney NOV 10 SO 11 14 16 No 19 Sov 21 Days from Announcement 5 Daily Abnormal Return Cumulative Abnormal Return -3 2 O indical concerns with ework #5 Sed MEIN .6 24 Date NOV Nove Nov Nov 10 NOV 11 Nov 14 NOV 15 Nov 16 Nov 19 TV 10 Nov 21 book wrences Days from Announcement -5 Daily Abnormal Return Cumulative Abnormal Return -4 -31 -2 -1 0 1 2 3 4 5