Which of the following variables do Fama and French claim do a better job explaining stock returns than beta? 1. Book-to-market ratio, II. Unexpected change in industrial production, III. Firm size a. I and II only b. I and III only I, II, and III O c. O d. I only Not yet answered

Which of the following variables do Fama and French claim do a better job explaining stock returns than beta? I. Book-to-market ratio, II. Unexpected change in industrial production, III. Firm size a. I and II only b. I and III only c. I, II, and III d. I only