Question
Fama and French(1992)state that if asset-pricing is rational, size and book-to-market ratio must proxy for risk. Critically discuss the above statement making reference to existing
Fama and French(1992)state that if asset-pricing is rational, size and book-to-market ratio must proxy for risk.
Critically discuss the above statement making reference to existing literature. (33)
(It should include 7-8 points, and it also need more reference to existing literature)
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Introduction To Derivatives And Risk Management
Authors: Robert Brooks, Don M Chance, Roberts Brooks
8th Edition
0324601212, 9780324601213
