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QUESTION FOUR a) Differentiate between value and growth stocks? Briefly summarise the evidence relating to the performance of value and growth stocks. [25 marks] b)

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QUESTION FOUR a) Differentiate between value and growth stocks? Briefly summarise the evidence relating to the performance of value and growth stocks. [25 marks] b) Discuss competing explanations for the existence of the value premium. [25 marks] [TOTAL: 50 MARKS]

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