Multiple Choice
Work by Amihud and Mendelson (1986, 1991)
A) argues that investors will demand a rate of return premium to invest in less liquid stocks.
B) may help explain the small firm effect.
C) may be related to the neglected firm effect.
D) may help explain the small firm effect and may be related to the neglected firm effect.
E) All of the options are correct.
Correct Answer:
Verified
Correct Answer:
Verified
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