Question: Time left 0:19:29 Refer to Mini Case Study - Lecture Topic 7 to answer this multi-part question. During an estimation period, the monthly empirical
Time left 0:19:29 Refer to "Mini Case Study - Lecture Topic 7" to answer this multi-part question. During an estimation period, the monthly empirical model applied to Macquarie Bank's stock produces the following estimates, which are believed to be stable over time: TMB = 0.011 +1.7M If Macquarie Bank's stock actual falls by 9% during the event window, what is Macquarie Bank's abnormal return? If your answer is a %, enter as a decimal to 4 decimal places e.g., if your answer is 5.23%, enter 0.0523. If your answer is a whole number, enter to 2 decimal places e.g., if your answer is 11.4578, enter 11.46.
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