The file P2_63.XLS contains annual returns for firms grouped by size. For example, in 1926, firms that
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The file P2_63.XLS contains annual returns for firms grouped by size. For example, in 1926, firms that ranked in the top 10% by size of sales returned an average of 14.9%, whereas firms that ranked in the bottom 10% by size returned an average of —6.1%. What do these data tell you about the relationship between firm size and average stock return? What are possible investment implications of this information?
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The data in the file P263XLS show that there is a negative relationship between firm size and averag...View the full answer
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Related Book For
Managerial Statistics
ISBN: 9780534389314
1st Edition
Authors: S. Christian Albright, Wayne L. Winston, Christopher Zappe
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