What Would Typically Be the Shape of the News Impact

question 8

Multiple Choice

What would typically be the shape of the news impact curve for a series that exactly followed a GARCH(1,1) process?

• A) It would be asymmetric, with a steeper curve on the left than the right
• B) It would be asymmetric, with a steeper curve on the right than the left
• C) It would be symmetric about zero
• D) It would be discontinuous about zero

---

Definitions:

Technical Skill

The ability to perform specific tasks related to a particular field of expertise, often requiring specialized knowledge and proficiency.

Management Function

The activities and responsibilities such as planning, organizing, directing, and controlling, performed by managers to achieve organizational goals.

Positive Attitude

A positive attitude is a mindset that focuses on the good aspects of any situation, believes in positive outcomes, and maintains a hopeful outlook towards challenges and endeavors.

Leading

The act of guiding or directing a group towards a specific goal or objective.