1. Suppose you find, as research indicates, that in the cross-section regression of the CCAPM, the coefficients...
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1. Suppose you find, as research indicates, that in the cross-section regression of the CCAPM, the coefficients of factor loadings on the Fama-French model are significant predictors of average return factors (in addition to consumption beta). How would you explain this phenomenon?
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Muhammad Umair
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