Ross Co., Westerfield, Inc., and Jordan Company announced a new agreement to market their respective products in China on July 18 (7/18), February 12 (2/12), and October 7 (10/7), respectively. Given the information below, calculate the cumulative abnormal return (CAR) for these stocks as a group. Assume all companies have an expected return equal to the market return. (A negative value should be indicated by a minus sign. Leave no cells blank - be certain to enter "0" wherever required. Do not round intermediate calculations. Round your answers to 1 decimal place.)

Ross Co., Westerfield, Inc., and Jordan Company announced a new agreement to market their respective products in China on July 18 (7/18), February 12 (2/12), and October 7 (1077), respectively. Given the information below, calculate the cumulative abnormal return (CAR) for these stocks as a group. Assume all companies have an expected return equal to the market return. (A negative value should be indicated by a minus sign. Leave no cells blank - be certain to enter "0" wherever required. Do not round intermediate calculations. Round your answers to 1 decimal place.) Cipped 0.3 Book 0.6 Date 7/12 7/13 7/16 7/17 7/18 7/19 7/20 7/23 7/24 Ross Co. Market Company Return Return -0.3 -0.8 0.4 0.4 0.6 -0.6 -0.2 -1.7 1.3 -1 -0.4 -0.3 0.6 0.4 0.3 Westerfield, Inc. Market Company Date Return Return 2/8 -0.3 -0.8 2/9 -0.6 -0.8 2/10 0.4 2/11 0.6 1.2 2/12 -0.1 0.1 2/15 1.1 1.6 2/16 0.7 0.5 2/17 -0.1 0 2/18 0.7 0.4 Jordan Company Market Company Date Return Return 10/1 0.5 0.6 10/2 0.4 0.6 10/3 0.7 1.3 10/6 -@.1 -0.7 10/7 -2.2 -0.7 10/8 0.1 0.5 10/9 -0.5 -0.6 10/10 0.1 -0.1 10/13 -0.5 -0.6 Print Abnormal returns (Ri RM) W'field Jordan Days from announcement Ross Sum Average abnormal return A Cumulative average residual