Fama and French (1992) found that the stocks of firms within the highest decile of market/book ratios had average monthly returns of _______ while the stocks of firms within the lowest decile of market/book ratios had average monthly returns of
A) greater than 1%,greater than 1%
B) greater than 1%,less than 1%
C) less than 1%,greater than 1%
D) less than 1%,less than 1%
E) less than 0.5%,greater than 0.5%
Correct Answer:
Verified
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