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Please complete the sentence. Assuming all else equal, the CAR five days after a dividend announcement day, which had unexpected good news for investors, is

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Please complete the sentence. Assuming all else equal, the CAR five days after a dividend announcement day, which had unexpected good news for investors, is most likely to be. Select one: O Much smaller than zero O Much greater than zero O Zero Complete the following sentence. If prices capture all relevant information, then the prices will follow a Select one: O Predictable pattern O Random walk Please complete the sentence. Provided no other information and an efficient market, the CAR five days before a dividend announcement day, it is most likely to be Select one: O Zero O Much greater than zero O Much smaller than zero If the Abnormal Return at time 1 (the first time period in a series) is 2, and 3 at time 2, then, all else equal, what was the CAR at time 1? Select one: O 1 O 4 o 2 Please complete the sentence. Assuming all else equal, the CAR five days after a dividend announcement day, which had unexpected good news for investors, is most likely to be. Select one: O Much smaller than zero O Much greater than zero O Zero Complete the following sentence. If prices capture all relevant information, then the prices will follow a Select one: O Predictable pattern O Random walk Please complete the sentence. Provided no other information and an efficient market, the CAR five days before a dividend announcement day, it is most likely to be Select one: O Zero O Much greater than zero O Much smaller than zero If the Abnormal Return at time 1 (the first time period in a series) is 2, and 3 at time 2, then, all else equal, what was the CAR at time 1? Select one: O 1 O 4 o 2

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