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The study by Fama and French maintains that the lower the ratio of market value to book value, the:
Advertising Channel
A medium through which an advertising message is transmitted to its intended audience, such as television, radio, internet, etc.
Media Mix
The combination of the media used and the frequency of advertising in each medium.
Direct Mail
A marketing approach that involves sending advertising materials through the postal service to a targeted list of customers.
Advertising Outlets
The various channels or platforms through which advertisements are delivered to potential customers, such as television, radio, print media, and online platforms.
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