URGENT

For each of the following (separately) explain how you would interpret the market reaction if the differing !me windows had the following different results:

B. Suppose a study showed a stronger result using a !me window starting at t = -3 and ending at t = +3 than a !me window starting at t = -3 and ending at t = 0. What might this suggest about the effect of the event on the market? (10 points)