Question: The abnormal return in an event study is described as the: Multiple Choice average return on a security for the 7 - day period surrounding

The abnormal return in an event study is described as the:
Multiple Choice
average return on a security for the 7-day period surrounding an announce
daily return on a security minus the daily return on the overall market.
total return earned on a security on the day of an announcement.
average return on a security for the 7-day period surrounding an announ
daily return on a security on the announcement date minus the risk-free
The abnormal return in an event study is

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