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The effect of liquidity on stock returns might be related to: 1. The small-firm effect II The book-to-market effect III The neglected-firm effect IV. The

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The effect of liquidity on stock returns might be related to: 1. The small-firm effect II The book-to-market effect III The neglected-firm effect IV. The P/E effect O I, II, and Ill only I and III only II and IV only I and II only

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