Jagannathan and Wang (2006)find That the CCAPM Explains Returns ______

question 49

Multiple Choice

Jagannathan and Wang (2006) find that the CCAPM explains returns ______ the Fama-French 3-factor model and that the Fama-French 3-factor model explains returns ______ the traditional CAPM.

• A)worse than; worse than
• B)worse than; better than
• C)better than; better than
• D)better than; worse than
• E)equally as well as; equally as well as

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Definitions:

UN Human Development Index

The UN Human Development Index is a statistical tool used to measure a country's overall achievement in its social and economic dimensions, such as health, education, and standard of living.

Reliability

The degree to which an assessment tool produces stable and consistent results over time.

Validity

The quality of being logically or factually sound; in research, it refers to the extent to which a concept, conclusion or measurement is well-founded and corresponds accurately to the real world.

Concepts

Fundamental ideas or general notions that form the basis of thoughts, theories, and studies across various disciplines.