Multiple Choice
Liew and Vassalou (2000) show that returns on style portfolios (SMB and HML)
A) seem like statistical flukes.
B) seem to predict GDP growth.
C) may be proxies for business cycle risk.
D) seem to predict GDP growth and may be proxies for business cycle risk.
E) None of the options are correct.
Correct Answer:
Verified
Correct Answer:
Verified
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