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The following are the daily returns for both the overall market and for Omega Inc. What is the cumulative abnormal return on Omega, Inc., stock

The following are the daily returns for both the overall market and for Omega Inc. What is the cumulative abnormal return on Omega, Inc., stock for these 5 days?

Date R(m) Omega
24-Nov 1.20 % 1.20 %
25-Nov 0.40 % 0.10 %
26-Nov 0.10 % 1.00 %
27-Nov 0.40 % 0.50 %
28-Nov 0.50 % 0.70 %

Group of answer choices

0.1 percent

0.2 percent

0.5 percent

0.8 percent

0.5 percent

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