Which of the Following Factors Were Used by Fama and French

Multiple Choice

Which of the following factors were used by Fama and French in their multi-factor model?

A) Return on the market index.
B) Excess return of small stocks over large stocks.
C) Excess return of high book-to-market stocks over low book-to-market stocks.
D) All of the above factors were included in their model.
E) None of the above factors were included in their model.