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?

a. P/E effect.

b. Book-to-market effect.

c. Momentum effect.

d. Small-firm effect.

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Investments

ISBN: 9781259277177

11th Edition

Authors: Zvi Bodie, Alex Kane, Alan J. Marcus

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Question Posted: Jul 24, 2024 07:00 AM

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Why are the following effects considered efficient market anomalies? Are there rational explanations for any of these

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Investments

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