Southern Goods Announced at Time T That It Was Replacing

question 37

Multiple Choice

Southern Goods announced at Time t that it was replacing its CEO.There were no other announcements affecting the firm.The stock had daily returns of 0.1,+0.2,−0.8,−0.3,+0.5 for Time_{t − 2} to Time_{t + 2},respectively.The daily returns on the market were 0.1,+0.2,−0.4,−0.2,and +0.2 for Time_{t − 2} to Time_{t + 2},respectively.What is the cumulative abnormal return for these 5 days?

• A)0.1
• B)0.3
• C)−0.2
• D)−0.1
• E)−0.3

---

Definitions:

Genital Anomaly

A congenital condition in which the external sex organs are developed differently than typical male or female genitalia, often requiring medical evaluation and possibly intervention.

Variety and Diversity

The presence of differences and a range of various types within a group, setting, or system, often valued for enhancing richness and creativity.

Sexual Fantasies

Imagined sexual scenarios that arouse the individual, which may or may not be acted upon in real life.

Masturbation Technique

Methods or practices individuals use for self-stimulation to achieve sexual pleasure.