Controversy surrounded the three-factor model due to skepticism by researchers. Black (1993, 1995) said that the model
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Controversy surrounded the three-factor model due to skepticism by researchers. Black (1993, 1995) said that the model had two problems. Discuss these two potential problems.
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Answer Black 1993 1995 raised skepticism and highlighted two potential problems with Fama and Frenchs threefactor model Data Mining Concerns Black arg...View the full answer
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Investment Valuation And Asset Pricing Models And Methods
ISBN: 9783031167836
1st Edition
Authors: James W. Kolari, Seppo Pynnönen
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