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the iptions are .3, -.3,-.1,-.2,.1 Dev Events announced at time that it had fired its CEO. There were no other announcements affecting the fium. The

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the iptions are .3, -.3,-.1,-.2,.1
image text in transcribed
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Dev Events announced at time that it had fired its CEO. There were no other announcements affecting the fium. The stock had daily return of 1-2-3. - 15 for Timet - 2 to Timet. 2. respectively. The dolly retums on the market were 1, 2-4-2, and for Timet - 2 to Timet + 2 respectively what the cumulative abnormal return for these five days? Multiple Choice Dev Events announced at time that it had fired its CEO. There were no other announcements affecting the firm. The stock had daily returns of t-2--2-5 for Timet - 2 to Tinet2. respectively. The dally returns on the market were 1.4.2.-1) and 2 for Timet - 2 to Timet + povely What is the cumulative abnormal return for these five days? + Multiple Choice 5 3 O -3 Dev Events announced at Time t that it had fired its CEO. There were no other announcements affecting the firm. The stock had daily returns of 1, +.2. -.8, -3, +.5 for Timet 2 to Timet + 2, respectively. The daily returns on the market were 1. +.2, -.4. - 2, and + 2 for Timet 2 to Timet + 2, respectively. What is the cumulative abnormal return for these five days? - Multiple Choice 3

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