Which of the Following Factors Were Used by Fama and French

question 34

Multiple Choice

Which of the following factors were used by Fama and French in their multifactor model?

• A) Return on the market index
• B) Excess return of small stocks over large stocks
• C) Excess return of high book-to-market stocks over low book-to-market stocks
• D) All of the factors were included in their model.
• E) None of the factors were included in their model.

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