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

Question

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

Quizplus · Accepted Answer

The Answer of 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

The Following Are the Daily Returns for Both the Overall