The Performance Persistence Study by Carhart in 1997 Found That

question 21

Multiple Choice

The performance persistence study by Carhart in 1997 found that persistence could be explained by:

• A) stock return factors and beta
• B) beta and expenses
• C) stock return factors and expenses
• D) none of the above

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Definitions:

Copyrights

Legal protections granted to the creators of original works, preventing others from copying or distributing their work without permission.

Stockholders' Equity

Stockholders' Equity represents the owners' claims on the assets of a corporation, calculated as the difference between total assets and total liabilities.

Financing

The act of providing funds for business activities, making purchases, or investing, either through debt, equity, or other financial instruments.

Dual Effects Concept

The principle that every transaction has at least two effects on the financial statements - one that increases a category and another that decreases another category, maintaining the balance.