Cybo-Ottone and Murgia Found Positive Abnormal Returns for European Bank

question 8

True/False

Cybo-Ottone and Murgia found positive abnormal returns for European bank merger announcements.

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Definitions:

Pokemon Cards

Collectible cards part of the Pokémon Trading Card Game, featuring different characters from the Pokémon franchise, with gameplay based on battles between Pokémon creatures.

Cross-price Elasticity

A measure of how the demand for one good changes in response to a change in the price of another good.

Substitutes

Goods or services that can be used in place of each other, having the ability to satisfy similar needs or desires.

Cross-price Elasticity of Demand

A measure of how the quantity demanded of one good responds to a change in the price of another good.