Swenson Co

question 41

Multiple Choice

Swenson Co. announced its merger plans on August 25 and had a daily return of 0.7 percent. Tyler Co. announced its merger plans on August 26 and had a daily return of 0.5 percent. The Underwood Co. announced its merger plans on August 27 and had a daily return of -0.1 percent. The daily market returns for August 25 through August 27 were 0.2, 0.3, and -0.4, respectively. What is the combined cumulative abnormal return for the announcement date?

• A) 0.0 percent
• B) 0.2 percent
• C) 0.6 percent
• D) 0.8 percent
• E) 1.0 percent

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Definitions:

Archetypes

Archetypes refer to universally understood symbols or patterns of behavior that are innate and present in the unconscious of individuals, often used in the fields of psychology and mythology.

Mental Images

The mental representation of items or events that are not currently being perceived, which can include sensory experiences like sights or sounds.

Universal Human Themes

Fundamental concepts or experiences that are common across cultures and human history, such as love, conflict, and the pursuit of happiness.

Inferiority Complex

A psychological condition that arises from feelings of inferiority within an individual, leading to self-doubt and social inhibition.