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Even Though No Final Conclusion Is Currently Warranted,a Number of Research

Question 40

Multiple Choice

Even though no final conclusion is currently warranted,a number of research papers,including those of Fama and French,have argued that


A) there is no noticeable difference in the returns of growth versus value stocks.
B) growth stocks outperform value stocks.
C) stocks with high book-value-to-stock-price ratios outperform stocks with low ratios.
D) no observable differences in returns can be associated with varying price-earnings ratios.
E) stocks with low earnings-to-price ratios outperform stocks with high ratios.

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