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Which of the following statements is false?
Risk-Adjusted Returns
A measure of the return on an investment relative to the risk of that investment, often used to assess the performance of investment managers.
Large Firms
Companies with a significant market capitalization, often leading in their respective industries and markets due to their size and influence.
Small Firms
Companies with a relatively small market capitalization, often characterized by higher growth potential and risk.
Book-to-Market Ratios
A financial metric comparing a company’s book value to its market value, used to identify potentially undervalued or overvalued stocks.
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