The Abnormal Return in an Event Study Is Described as the

question 38

Multiple Choice

The abnormal return in an event study is described as the

• A)actual return on a security minus the market rate of return on the same date.
• B)total return earned by a security on the date of an announcement affecting that security.
• C)total return earned on a security for the 7-day period commencing 3 days prior to an announcement affecting that security.
• D)change in market value of a security on the day of an announcement affecting that security.
• E)any change in the market price of a security that exceeds 5 percent over a 7-day period.

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Definitions:

Stratified Societies

Societies organized into hierarchies or classes based on factors such as wealth, ancestry, or occupation, often leading to unequal access to resources and power.

Social Mobility

The movement of individuals, families, or groups through a system of social hierarchy or stratification.

Test-tube Method

A technique often associated with laboratory experiments or procedures conducted in vitro, such as the cultivation of microorganisms or cells in a test-tube.

Reproduction

The biological process by which new individual organisms are produced from their parents.