Liew and Vassalou (2000) Show That Returns on Style Portfolios

question 47

Multiple Choice

Liew and Vassalou (2000) show that returns on style portfolios (SMB and HML)

• A) seem like statistical flukes.
• B) seem to predict GDP growth.
• C) may be proxies for business cycle risk.
• D) seem to predict GDP growth and may be proxies for business cycle risk.
• E) None of the options are correct.

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Social Justice

Concerned with creating a more just and equitable world.

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Characterized by fairness, justice, and impartiality in the treatment or recognition of all individuals.

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The complex set of life-sustaining chemical transformations within the cells of living organisms.