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A2)Assetpricinganomalies(1+1+1+1=4 marks) a) Does the momentum anomaly suggest that high momentum stocks are over-priced or under-priced? b) Does the asset growth anomaly suggest that high

image text in transcribed A2)Assetpricinganomalies(1+1+1+1=4 marks) a) Does the momentum anomaly suggest that high momentum stocks are over-priced or under-priced? b) Does the asset growth anomaly suggest that high asset growth stocks are over-priced or under-priced? c) Does the accruals anomaly suggest that high accruals stocks are over-priced or under-priced? d) Does the MAX anomaly suggest that high MAX stocks are over-priced or under-priced

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