Question
Arbel (1985) found that: A. the neglected firm effect was independent of the small firm effect. B. the liquidity effect was highest for small
Arbel (1985) found that: A. the neglected firm effect was independent of the small firm effect. B. the liquidity effect was highest for small firms. C. the book-to-market value ratio effect was highest in January D. the January effect was highest for neglected firms. E. small firms had higher book-to-market value ratios.
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