The Following Are the Daily Returns for Both the Overall

question 14

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

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