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The Common Stock of Kimberlee Mfg

question 50

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The common stock of Kimberlee Mfg. had daily returns of .2, −.1, .5, .4, and .3 percent, over the past five days, respectively. For the same five-day period, the market had daily returns of .1, .3, −.2, .5, and .1 percent, respectively. What is the cumulative abnormal return on Scott Mfg. stock for this time period?


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