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Ivanshal [37]
3 years ago
13

TYR just announced yesterday that its fourth-quarter earnings will be 35% lower than last year's fourth quarter. You observe tha

t TYR had an abnormal return of 3.7% yesterday. This suggests that
Business
1 answer:
makkiz [27]3 years ago
4 0

Answer: Investors expected the earnings increase to be smaller than what was actually announced.

Explanation:

Abnormal return on an asset such as stock refers to the difference between actual returns and expected returns. As such, if it is positive, that would mean that the actual returns are/ will be higher than the expected/anticipated returns.

TYR had an abnormal return of 3.7% which would mean that the the 35% lower fourth-quarter earnings was higher than investors expected from TYR.

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The nature of business is a statement about a company's offering to its clients, its industry, legal structure, or any other distinctive qualities of the business. For example, if you say a company in the “private sector”, you evaluate the nature of the company based on its nature to earn profits.

Explanation:

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Like any effective salesperson, Frazer walks into a customer's office, shakes hands, looks the customer in the eye, and smiles.
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In determining whether to issue a loan, banks are not allowed to ask about an applicant's
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3 0
3 years ago
Read 2 more answers
Keisha is buying John's house. The closing date (day belongs to seller) of the sale transaction is September 1 (day 244 of the y
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Answer: $116.026

Explanation:

Given the following ;

Yearly hazard insurance = $350

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Therefore,

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