Business, 26.08.2020 14:01 matpakootas521

Fama and French (1992) found that the stocks of firms within the highest decile of book-to-market ratios had an average annual return of , while the stocks of firms within the lowest decile of book-to-market ratios had an average annual return of . Group of answer choices 13.2%; 16.4% 11.1%; 17.2% 15.6%; 13.1% 17.2%; 11.1%

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Fama and French (1992) found that the stocks of firms within the highest decile of book-to-market ra...