11. (Risk and return) Can you think of a risk- based explanation for the following finding? Over...

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11. (Risk and return) Can you think of a risk- based explanation for the following finding? Over the last 40 years, “small stocks”— defined as shares of firms with a low market value— had higher returns than big stocks.

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Principles Of Finance With Excel

ISBN: 9780190296384

3rd Edition

Authors: Simon Benninga, Tal Mofkadi

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