Fama and French (1993) used the size and BM variables to construct zero investment factors. Define these

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Fama and French (1993) used the size and BM variables to construct zero investment factors. Define these factors and write the equation for their resultant three-factor model. What are the multifactor in this model?

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Investment Valuation And Asset Pricing Models And Methods

ISBN: 9783031167836

1st Edition

Authors: James W. Kolari, Seppo Pynnönen

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Question Posted: Mar 05, 2024 06:00 AM

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Fama and French (1993) used the size and BM variables to construct zero investment factors. Define these

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Answer In Fama and Frenchs 1993 threefactor model they used size and booktomarket BM var...View the full answer

Investment Valuation And Asset Pricing Models And Methods

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