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Explain how each of the following issues relate to factor investing: (i) macroeconomics versus style; [15 marks] (ii) value, growth and momentum; [15 marks] (iii)

Explain how each of the following issues relate to factor investing:

(i) macroeconomics versus style; [15 marks]

(ii) value, growth and momentum; [15 marks]

(iii) multi-factor pricing models. [20 marks]

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