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Ross Company, Westerfield, Incorporated; and Jordan Company announced a new agreement to market their respective products in China on July 1 8 , February 1

Ross Company, Westerfield, Incorporated; and Jordan Company announced a new agreement to market their respective products in China on July 18, February 12, and October 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.
Note: 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.
\table[[Ross Company,Wenterfield, Tncorporated,Jordan Company],[,Market,company,,Market,Company,,Market,company],[Date,Return,Return,Date,Return,Return,Date:,Return,Meturn],[July 12,-0.2,-0,4,Yebriary,-0.7,-0.9,October 1,0.3,0.5],[July 13,0.1,0.3,Februsry?,-0.8,-0.9,October 2,0.2,Q.8],[July 16,0.6,0.8,Yebrusiry 10,0.6,0,4,october 3,0.9,1.3],[July 17,-0.4,-0.2,Tebrsary 11,0.8,1.0,Oetober 6,-0.1,-Q.5],[July 18,1.9,1.3,Yebruary 12,-0.1,0.1,oetober 7,-2.4,-0.5],[July 19,-0,8,-0.6,rebrvary 15,1.3,1.4,october,Q.3,0.3],[July 20,-0.9,-1,0,Tebruary 16,0.7,0.7,October 9,-0.5,-0.4],[July 23,0.6,0.4,February 17,-0.1,0.0,October 10,0.1,-0.1],[July 24,0.1,0.0,Tebruary 18,0.5,0.4,october 13,-0.2,-0.6]]
\table[[\table[[Days from],[announcement]],Abnormal Returns (R_(i)-R_(M)),\table[[Average],[abnormal],[return]],\table[[Cumulative],[average],[residual]]],[Ross,Wrield,Jordan,Bum],[-4],[-3],[-2],[-1],[0],[1],[2],[3],[4,,,,,,]]
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