The Following Are the Daily Returns for Both the Overall

question 17

Multiple Choice

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 five days?
$\begin{array}{lrr}\text { Date } &\text { R(m) }& \text { Alpha }\\24-\text { oct } & 1.508 & 1.308 \\25 \text {-oct } & -.408 & .208 \\26 \text {-oct } & -.108 & .508 \\27 \text {-oct } & .308 & -.208 \\28-0 c t & 608 & -508\end{array}$

• A)-.8%
• B)-.6%
• C)-.1%
• D).2%
• E).5%

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Definitions:

Sudden Unexpected

Events or occurrences that take place without warning and are unforeseen or unanticipated.

Infant Deaths

The demise of a baby before his or her first birthday, often caused by birth defects, preterm birth, maternal complications, or Sudden Infant Death Syndrome (SIDS).

In Vitro Fertilization

A medical procedure whereby an egg is fertilized by sperm in a lab dish, after which the embryo is transferred to a uterus.

Insemination

The intentional introduction of sperm into a female's reproductive tract for the purpose of achieving pregnancy through means other than sexual intercourse.