1st Problem: Kentucky Fried Chick. AEAD THE PROBLF Ge shown, including equation/fis sectionula use points (.90\%). The expected return's common stock has a daily standand CAREFULLY 2003, Boston Market (KFC's major com the market is 5 basis points (05% deviation of returns of 90 basis "family value meal deal" (for just $24.95 you announced and started to sell in all of its restaurants a sune pieces of corn bread, and a 2 -liter bottle of get 1 chicken, 3 large sides, an apple pie (or a pecan pie), 4 traded restaurants that sell rotisserie or fried chicken ofo other announcements that could affect publicly PLEASE NOTE: In this case, an abnormal return (AR) is oonsidered between June 04 and June 12 . standard deviations in absolute value ( thin turn (AR) is considered statistion a. Perform an event study by completing the last two columns in the above Table. Calculate daily AKs lin column (3)] and then say whether each AR is statistically significant [in column (4)]. [10 points] b. Does the semi-strong form of the Efficient Market Hypothesis hold here? Why or why not? [10 points] Did the new family value meal deal do well with the public? Why? Why not? - justify your answer! [10 points]