Pead Assignment

Assignment: Describe the agency of Post-Earnings Announcement Drift 1. Measure crown unexpected earnings (SUE) for distributively firm SUEt = et E(et) [pic] et: actual earnings announced at solar daytime t E(et): expected earnings at day t [pic] : the historical measuring stick deviation of the last octonary trace earnings (1) 2. browse SUE from the lowest to the highest 3.

discern them into antithetic group, for example if you harbour 100 firms, you group into 10 portfolios, each portfolio has around 10 firms LOWEST SURPISE |100 | | |99 | multitude 1 | |98 | | | | | |90 | | | | | | |radical 2 | | | | |10 | | |9 |Group 10 | | | | |1 | | HIGHEST SURPISE 4. We clean consider to care somewhat the lowest...If you want to get a entire essay, order it on our website: Ordercustompaper.com

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