The Fama and French three-factor model does not use ___ as one of the explanatory factors.
A) industrial production
B) inflation
C) firm size
D) book-to-market ratio
E) Both industrial production and inflation
Correct Answer:
Verified
Q32: Which of the following must be done
Q41: Petkova and Zhang (2005) examine the relationship
Q43: Jagannathan and Wang (2006) find that the
Q46: Discuss the results of the studies of
Q48: When portfolio performance is measured, what type
Q49: Discuss Roll's critique of the CAPM.
Q51: The Fama and French three-factor model uses
Q52: A major finding by Heaton and Lucas
Q54: Describe some of the ways the CAPM
Q55: Liew and Vassalou (2000) show that returns
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents