"Special or abnormal returns" refer to

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Special or abnormal returns refer to gains that exceed the market risk-adjusted average. This concept is used to evaluate whether an investment has performed better or worse than expected based on market trends and factors. The Efficient Market Hypothesis (A) relates to the idea that all available information is already reflected in market prices, making it difficult to consistently earn abnormal returns. Convertibles and warrants (C) refer to specific financial instruments that can potentially offer special returns, but are not the definition of abnormal returns.

"Special or Abnormal Returns" Refer to