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EpiscoWhat EpiscoWhat
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Posts: 268
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6 years ago
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.
Textbook 
Corporate Finance: The Core

Corporate Finance: The Core


Edition: 4th
Authors:
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EgorGruzdevEgorGruzdev
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Posts: 422
6 years ago
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EpiscoWhat Author
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6 years ago
Thank you, thank you, thank you!
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You make an excellent tutor!
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2 hours ago
this is exactly what I needed
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