Next 4 Questions For the next four questions, use the following information: You analyze the returns...

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Next 4 Questions For the next four questions, use the following information: You analyze the returns for stocks relative to the company logo. You find that the stocks of firms which change their logo in a given year tend to outperform in the following year the stocks of firms which don't change their logos. Previous 16 1 point If markets are efficient and you used the correct model for expected returns in your analysis, what must be true about firms which change their logos relative to firms which don't change their logos? Firms that change their logos are more exposed to risk than firms that don't change their logos. Firms that change their logos are equally exposed to risk as firms that don't change their logos. Firms that change their logos are less exposed to risk than firms that don't change their logos. We can't make any of the above statements Next Next 4 Questions For the next four questions, use the following information: You analyze the returns for stocks relative to the company logo. You find that the stocks of firms which change their logo in a given year tend to outperform in the following year the stocks of firms which don't change their logos. Previous 16 1 point If markets are efficient and you used the correct model for expected returns in your analysis, what must be true about firms which change their logos relative to firms which don't change their logos? Firms that change their logos are more exposed to risk than firms that don't change their logos. Firms that change their logos are equally exposed to risk as firms that don't change their logos. Firms that change their logos are less exposed to risk than firms that don't change their logos. We can't make any of the above statements Next