Question: Stocks A, B, and C have identical risks. Stock A earns an annual return of 9.9 percent as compared to 9.6 percent returns on stocks

Stocks A, B, and C have identical risks. Stock A earns an annual return of 9.9 percent as compared to 9.6 percent returns on stocks B and C. Given this, you can correctly assume that: Multiple Choice stock A has a positive abnormal return. stock A is overpriced. stocks B and C represent firms that are in the process of merging. the market return is 9.75 percent. stock A represents the smallest sized firm
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