|
Title: Which of the following statements is FALSE? Post by: EpiscoWhat on Nov 20, 2017 Which of the following statements is FALSE?
A) Portfolios with high market capitalizations must have positive alphas if the market portfolio is not efficient. B) The book-to-market is the observation that firms with high book-to-market ratios have positive alphas. C) If the market portfolio is not efficient, then a portfolio of high book-to-market stocks will likely have positive alphas. D) Portfolios with low book-to-market ratios must have zero alphas if the market portfolio is efficient. Title: Re: Which of the following statements is FALSE? Post by: EgorGruzdev on Nov 20, 2017 Content hidden
|