Question: Fama-French 3 Factor Model Use Excel to solve the question. This question is about Fama and French's three factor model applied to Korean Fund data.
Fama-French 3 Factor Model Use Excel to solve the question. This question is about Fama and French's three factor model applied to Korean Fund data. According to the three factor model, a fund's expected return can be explained by market excess return, a size factor, and a B/M factor. In terms of regression format, it can be written as follows:

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