Over the Past Five Days, the Common Stock of Scott

Multiple Choice

Over the past five days, the common stock of Scott Mfg. had daily returns of .3, −.2, .3, .1, and .1 percent, respectively. For the same five days, the market had daily returns of .2, .4, −.5, .3, and .1 percent, respectively. What is the cumulative abnormal return on Scott Mfg. stock for this time period?

A) −.3%
B) −.1%
C) .0%
D) .1%
E) .3%