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Question 5 Looking at the pattern of cumulative daily abnormal returns in Question 4.e, is there any evidence of a post-earnings announcement drift? Why? Also,

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Question 5 Looking at the pattern of cumulative daily abnormal returns in Question 4.e, is there any evidence of a post-earnings announcement drift? Why? Also, does it support the efficient market hypothesis? Why? Question 6 Discuss 3 behavioural biases that potentially drive the post-earnings announcement drift

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