Question: 1. Answer the following questions: (12pts) A. Write down the equation for the Fama-French three-factor model. (3pts) the risk B. Define and explain the three

1. Answer the following questions: (12pts) A. Write down the equation for the Fama-French three-factor model. (3pts) the risk B. Define and explain the three factors in the Fama-French three factor model. Also explain each factor represents. (9pts)
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