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Compute daily abnormal retums of MRK and RXDX on the announcement day. Since April 1 6 , 2 0 2 3 was Sunday ( =

Compute daily abnormal retums of MRK and RXDX on the announcement day. Since April 16,2023 was Sunday (=no trading), use the following trading day, April 17,2023, as the announcement day for this analysis. Use daily returns on SPY (S&P500 ETF) as benchmark retums during the same period and 0.018% as daily risk free rate. Show your work in Excel to receive any credit.
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