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The Monday effect was that (a) Stocks were more volatile on Mondays (b) Stocks had lower returns on Mondays (c) Stocks had lower Sharpe

The Monday effect was that (a) Stocks were more volatile on Mondays (b) Stocks had lower returns on Mondays (c) Stocks had lower Sharpe Ratio on Mondays (d) Stocks had higher Sharpe Ratio on Mondays

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