The Following Are the Daily Returns for Both the Overall

question 29

Multiple Choice

The following are the daily returns for both the overall market and for Omega, Inc. What is the cumulative abnormal return on Omega, Inc., stock for these five days?
$\begin{array}{lrr}\text { Date } & \text { R(m) }& \text { Omega }\\24-\mathrm{Nov} & 1.208 & 1.20\% \\25-\mathrm{Nov} & -.408 & .10\% \\26-\mathrm{Nov} & -.108 & 1.00\% \\27-\mathrm{Nov} & .408 & -.50\% \\28-\mathrm{Nov} & .508 & -.70\%\end{array}$

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

---

Definitions:

Market Share

The portion of a market controlled by a particular company or product, often expressed as a percentage of total sales within that market.

Competitive Pressures

The challenge companies face to maintain or improve their position in the market among competitors.

Fresh Food

Refers to food items that have not been processed or preserved, retaining their natural ingredients and nutritional value.

Healthy Fast Food

Fast food offerings designed with health-conscious ingredients and preparation methods to offer healthier dining options.