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What factors have been found to explain asset returns? In a few sentences each, discuss how these factors affect returns: does a higher value of
- What factors have been found to explain asset returns? In a few sentences each, discuss how these factors affect returns: does a higher value of each factor lead to lower or higher average returns, what model (CAPM, Fama-French 3 factor, Fama-French 5 factor, Carhart/FF4 factor model, q-factor model) uses each factor, and why each factor affects returns. (15 points)
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Financial Accounting: A Business Process Approach
Authors: Jane L. Reimers
3rd edition
978-0136115274
