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On November 14 , Thorogood Enterprises announced that the public and acrimonious battle with its current CEO had been resolved Under the terms of the

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On November 14 , Thorogood Enterprises announced that the public and acrimonious battle with its current CEO had been resolved Under the terms of the deal, the CEO woutd step down from his position immediately in exchange, he was oven a generous severance package Given the information below, calculate the cumulative abnomal retum (CAR) around this announcement. Assume the company has an expected return equal to the market retum. Note: A negotive value should be indicoted by a minus sign, Leove no cells blonk - be certain to enter " 0 " wherever required. Do not round intermediate colculations. Round your answers to 1 decimal ploce

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