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Professors Eugene Fama and Kenneth French claim that after controlling for firm size and the ratio of the firm's book value to market value, beta

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Professors Eugene Fama and Kenneth French claim that after controlling for firm size and the ratio of the firm's book value to market value, beta is: 1. Highly significant in predicting future stock returns II. Relatively useless in predicting future stock returns III. A good predictor of the firm's specific risk I only land III only O I, II, and III Oll only

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