Question: please let me know the answer to this 21. Examine the accompanying figure, which presents cumulative abnormal returns both before and after dates on which

please let me know the answer to this

21. Examine the accompanying figure, which presents cumulative abnormal returns both before and after dates on which insiders buy or sell shares in their firms. How do you interpret this figure? What are we to make of the pattern of CARs before and after the event date

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