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What was the firm abnormal return for the day

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Problem - On June 2, 2021, the Photobook Company's return was 0.9 percent while its industry class returned 1.9 percent on average. For the day, the risk- free daily rate was .04 percent and the market rate of return was 1.7 percent, If the company made a dividend announcement on that day, what was the firm's abnormal return for the day?

Reference no: EM133013765

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