Question
In a factor model, the return on a stock in a particular period will be related to a. both firm-specific events and macroeconomic events. b.
In a factor model, the return on a stock in a particular period will be related to
a. both firm-specific events and macroeconomic events.
b. the error term.
c. firm-specific events.
d. neither firm-specific events nor macroeconomic events.
e. macroeconomic events.
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Entrepreneurial Finance
Authors: J . chris leach, Ronald w. melicher
4th edition
538478152, 978-0538478151
