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Which of the following regarding the investment premium is FALSE Which of the following regarding the investment premium is FALSE? O Firms that increase capital
Which of the following regarding the investment premium is FALSE
Which of the following regarding the investment premium is FALSE? O Firms that increase capital investment more achieve lower returns than firms that invest less. o B. Investors underreact to empire building implications of increased investments. O c. Firms that increase capital investment more achieve higher returns than firms that invest less. o D. Fama and French's CMA (conservative minus aggressive) risk factor captures the investment premium.
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