True or false? a. Stocks of small companies have done better than predicted by the CAPM. b.
Question:
True or false?
a. Stocks of small companies have done better than predicted by the CAPM.
b. Stocks with high ratios of book value to market price have done better than predicted by the CAPM.
c. On average, stock returns have been positively related to beta.
StocksStocks or shares are generally equity instruments that provide the largest source of raising funds in any public or private listed company's. The instruments are issued on a stock exchange from where a large number of general public who are willing...
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Related Book For
Principles of Corporate Finance
ISBN: 978-0072869460
7th edition
Authors: Richard A. Brealey, Stewart C. Myers
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