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Does thephenomenon of post-earnings announcement drifts contradict with the efficient market hypothesis ? Why ? (10 marks) 2. Use the dataset BXB_QEarnings and perform the

  1. Does thephenomenon of post-earnings announcement drifts contradict with the efficient market hypothesis ? Why ? (10 marks)

2. Use the datasetBXB_QEarningsand perform the following regression:

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