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(Solved): BHP has announced an EPS of 12.5 on 01 Apr 2021. The return on the BHP stock one day before the anno ...



BHP has announced an EPS of 12.5 on 01 Apr 2021. The return on the BHP stock one day before the announcement was 0.50%, the return on the announcement day was 1.50%, and the return one day after the announcement was 0.01%. The market return on the same days was 0.01%, 0.30%, and 0.20%, respectively. What is the cumulative abnormal return of the BHP for the whole 3-day period around the EPS announcement? Question 11Answer a. 0.67% b. 0.50% c. 1.5% d. 2.01%



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