[SINGLE] Consider an event study of the following stock. Realised return Market return t = 0 (event day) 0.06 0.03 t = 1 0.03 0.03 t = 2 0.009 0.01 Suppose that the estimated market model is r=0.003+0.6 xrm. What is the three-days (t=0 to t=2) CAR of the stock due to the event? 7% 4.80% 5.70% 9.90% 0% [SINGLE] Consider an event study of the following stock. Realised return Market return t = 0 (event day) 0.06 0.03 t = 1 0.03 0.03 t = 2 0.009 0.01 Suppose that the estimated market model is r=0.003+0.6 xrm. What is the three-days (t=0 to t=2) CAR of the stock due to the event? 7% 4.80% 5.70% 9.90% 0%