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Which of the following is true about the January effect? O 1) It occurs only in the United States. O 2) It is more pronounced

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Which of the following is true about the January effect? O 1) It occurs only in the United States. O 2) It is more pronounced for small firms than for large firms. 3) It may be due, in part, to tax loss-selling effects. 4) Both a and C. 5) Both b and c

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