Question Completion Status: 1 BN 4 5 6 7 8 10 11 12 13 14 15 16 17 18 19 200 21 22 Compared to growth stocks, value stocks have higher adjustment costs due to having more unproductive capital Investors over-extrapolate past growth rates into the future, lowering future expected returns of growth stocks compared to Compared to growth stocks, investors under-react more when good news about value stocks come out stocks QUESTION 17 Which of the sllowing could serve as a mimicking portfolio for the momentum factor? Long the stocks that have gone up in price over the past 5 years and short the stocks that have gone down in price over the past years Long the stocks that have gone down in price over the past 5 years and short the stocks that have gone up in price over the past Long the stocks that have recently (past 6-12 months) gone up in price and short the stocks that have recently gone down in price Long the stocks that have recently (past 6-12 months) gone down in peace and short the stocks that have recently gone tip in price years QUESTION 18 Chek Sone and be and bit. Chek Sow All Aroane allo