Understanding Cumulative Abnormal Return (CAR): Definition, Formula, and Calculation Explained
Learn about Cumulative Abnormal Return (CAR), a key financial metric used to assess the impact of events on stock prices. Explore its definition, the formula behind it, and step-by-step guidance on how to calculate CAR. Enhance your understanding of abnormal returns and their significance in even t studies, mergers, and other corporate activities.
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