Some studies related to the efficient market hypothesis generated results that implied additional factors beyond beta should

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Some studies related to the efficient market hypothesis generated results that implied additional factors beyond beta should be considered to estimate expected returns. What are these other variables and why should they be considered? Discuss.

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Investment Analysis and Portfolio Management

ISBN: 978-0538482387

10th Edition

Authors: Frank K. Reilly, Keith C. Brown

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Question Posted: Dec 17, 2014 10:37 AM

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Some studies related to the efficient market hypothesis generated results that implied additional factors beyond beta should

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