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Franklin Mills announced at Timet that it just sold its worst performing division. There were no other announcements affecting the firm. The firm's stock had

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Franklin Mills announced at Timet that it just sold its worst performing division. There were no other announcements affecting the firm. The firm's stock had daily returns of -0.2, 01, +0.4.-01, +0.2 for Timet - 2 to Timet + 2, respectively. The daily returns on the market were -0.1,0.2, 0.3,-0.2 and 0.2 for Timet - 2 to Timet + 2, respectively. What is the cumulative abnormal return for these 5 days? Multiple Choice o o

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