A. Value stocks usually exhibit book-to-market ratios and empirically have returns compared to growth stocks. stocks this period B. If you believe in the reversal effect, you should that performed poorly last period. C. Conservatism implies that investors are too in updating their beliefs in response to new evidence and that they initially react to news. This bias may explain the anomaly because when a firm announces surprisingly good earnings, investors exhibiting conservatism bias may be slow to incorporate the most recent data. D. Goodie Mob Corp. will pay a year-end dividend of $4, and dividends thereafter are expected to grow at the constant rate 3% per year. The risk free rate is 2%, and the expected return on the market portfolio is 10%. If Goodie Mob stock has a beta of 0.75, its price should be If Goodie Mob is trading at $90, you should take a position in the stock