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On November 4, 2019 McDonald's Corporation fired its CEO for having a consensual relationship in the workplace. The following data on their stock price, the

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On November 4, 2019 McDonald's Corporation fired its CEO for having a consensual relationship in the workplace. The following data on their stock price, the level of the S&P 500, and the risk-free interest rate come from the days surrounding the announcement: Day McDonald's Price 197.78 November 1 November 4 November 5 S&P 500 3050.72 3078.96 3075.10 Risk free rate .000046 .000046 .000046 190.16 189.65 McDonald's has a Beta of .26. A)What is the expected return for McDonald's from the CAPM for November 4 and 5? B)What is the actual return of McDonald's for November 4 and 5? C) What is the cumulative abnormal return for McDonald's for these two days? If the market capitalization (Price * shares outstanding) for McDonald's is $149.949B, how much did the firing of the CEO cost McDonald's shareholders

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