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help with CAAR question The chart below shows the cumulative abnormal returns (CAAR) of two different stocks, A and B, traded in the same market,

help with CAAR question

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The chart below shows the cumulative abnormal returns (CAAR) of two different stocks, A and B, traded in the same market, from an event study. The study looks at reactions to good news in earnings announcements. CAAR (%) Stock B Stock A 0 T, days Comment on the respective behaviour of the two stocks following the announcements, and implications for the efficient market hypothesis

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