Why are the following effects considered efficient market anomalies? Are there rational explanations for any of these
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Why are the following “effects” considered efficient market anomalies? Are there rational explanations for any of these effects? PLI9
a. P/E effect.
b. Book-to-market effect.
c. Momentum effect.
d. Small-firm effect.
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ISE Investments
ISBN: 9781266085963
13th International Edition
Authors: Zvi Bodie, Alex Kane, Alan Marcus
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