Question: An abnormal stock return is calculated as the... a. return on the stock minus the expected stock return. b. return on the stock minus the
An abnormal stock return is calculated as the...
a. return on the stock minus the expected stock return.
b. return on the stock minus the return on the market.
c. return on the stock for the current period minus the return on the stock for the previous period.
d. return on the stock minus the return on a comparable firm.
What is the correct answer?
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