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For each of the following (separately) explain how you would interpret the market reaction if the differing !me windows had the following different results: A.
For each of the following (separately) explain how you would interpret the market reaction if the differing !me windows had the following different results:
A. Suppose a study showed a stronger result using a !me window starting at t = -3 and ending at t = +3 than a time window starting at t = 0 and ending at t = +3. What might this suggest about the effect of the event on the market? (10 points)
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