Corporate Finance
Corporate Finance
12th Edition
ISBN: 9781259918940
Author: Ross, Stephen A.
Publisher: Mcgraw-hill Education,
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Chapter 14, Problem 27CQ
Summary Introduction

To discuss: The cumulative abnormal returns.

Introduction:

The difference between the actual returns and expected returns is termed as abnormal returns and the aggregate of abnormal returns are termed as cumulative abnormal returns.

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