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The following are the daily returns for both the overall market and for Alpha Inc. What is the cumulative abnormal return on Alpha, Inc., stock
The following are the daily returns for both the overall market and for Alpha Inc. What is the cumulative abnormal return on Alpha, Inc., stock for these 5 days?
| Date | R(m) | Alpha |
| Oct. 24 | 1.50% | 1.20% |
| Oct. 25 | - 0.40% | 0.10% |
| Oct. 26 | - 0.10% | 1.00% |
| Oct. 27 | 0.30% | -0.50% |
| Oct. 28 | 0.60% | -0.70% |
A. -0.80% B. -0.40% C. -0.10% D. 0.20%
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Applied International Finance I Managing Foreign Exchange Risk
Authors: Thomas O'Brien
2nd Edition
1947441280,1947441299
