Which one of the following time periods correctly describes an identified calendar anomaly? A) week including April 15^th B) middle two weeks of each month C) last day of each month and the first three days of the following month D) first 10 days of October E) Friday of each week

Question

Quizplus · Accepted Answer

The "Turn of the Month" effect, where the last day of the month and the first three days of the following month often show higher stock returns, is a well-documented calendar anomaly.

Which One of the Following Time Periods Correctly Describes an Identified