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Summarize the Journal of Finance paper by Jegadeesh and Titman (1993). The summary should include the following elements What motivates the paper? What is the

Summarize the Journal of Finance paper by Jegadeesh and Titman (1993). The summary should include the following elements What motivates the paper? What is the research objective? Briefly describe the trading strategies and their payoffs; What robustness analyses have the authors conducted? What have they found? Can the payoffs of trading strategies be explained by their systematic risk? Briefly explain

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