The Court's Decision in Brown Had Intentionally Avoided Stating a

question 67

Multiple Choice

The Court's decision in Brown had intentionally avoided stating a

• A)definition of desegregation.
• B)timeline on achieving integration.
• C)remedy for segregated schools.
• D)requirement for the desegregation of schools.

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Definitions:

Four-factor Model

A financial model that expands the three-factor model (market risk, size risk, and value risk) by adding a momentum factor to explain stock returns.

Fama and French Factors

Fama and French factors are three factors—market risk, size risk, and value risk—used in explaining portfolio returns beyond the market risk measured by beta.

Semistrong-form

A theory suggesting that stock prices incorporate all publicly available information, including historical data and public news.

Efficient Market Hypothesis

A theory stating that share prices reflect all available information, making it impossible to consistently achieve higher returns.