Define the cumulative adjustment factor

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Reference no: EM131477168

Question: (This is a hard question!) On the disk which comes with the book, you will find 2 years of monthly un-adjusted and adjusted stock price data for AT&T corporation (symbol: T). Calculate:

a. Cumulative adjustment factor for AT&T stock

b. What two interesting things happened in November 2002 and what happened to cumulative adjustment factor in this month? Can you explain?

Reference no: EM131477168

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