The Following Are the Daily Returns for Both the Overall

question 40

Multiple Choice

The following are the daily returns for both the overall market and for Dexter Inc.What is the cumulative abnormal return on Dexter,Inc.,stock for these 5 days?

• A)-0.7 percent
• B)-0.3 percent
• C)-0.2 percent
• D)0.3 percent
• E)0.6 percent

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Definitions:

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Accumulate Tax-Free

The process of earning or saving money without having to pay taxes on the gains, usually within specific investment accounts or schemes.

Workers' Compensation Insurance

Insurance that provides wage replacement and medical benefits to employees injured in the course of employment.