In a Recent Study,Fama and French Found That the Return

question 42

Multiple Choice

In a recent study,Fama and French found that the return on the aggregate stock market was __________ when the dividend yield was higher.

• A) higher
• B) lower
• C) unaffected
• D) more skewed

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Definitions:

Raw Materials

Basic materials and substances used in the initial stages of production and manufacturing processes.