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    Business
  3. Study Set
    Money Banking and Financial Markets
  4. Exam
    Exam 7: The Stock Market, the Theory of Rational Expectations, and the Efficient Market Hypothesis
  5. Question
    The Small-Firm Effect Refers to the
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The Small-Firm Effect Refers to the

Question 21

Question 21

Multiple Choice

The small-firm effect refers to the


A) negative returns earned by small firms.
B) returns equal to large firms earned by small firms.
C) abnormally high returns earned by small firms.
D) low returns after adjusting for risk earned by small firms.

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