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Fama and French (1992) found that the stocks of firms within the highest decile of market/book ratios had average monthly returns of _______ while the
Fama and French (1992) found that the stocks of firms within the highest decile of market/book ratios had average monthly returns of _______ while the stocks of firms within the lowest decile of market/book ratios had average monthly returns of ________.
Group of answer choices
a. greater than 1%, greater than 1%
b. greater than 1%, less than 1%
c. less than 1%, greater than 1%
d. less than 1%, less than 1%
e. less than 0.5%, greater than 0.5%
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