Suppose that the Fama-French 3-factor model describes security returns, that is E [ri] -rf = b; E [rm -rf]+s; E (SMB] +h; E(HML] Apple (AAPL) is in the top decile (10%) of US stocks in terms of market capitalization and book-to-market ratio. What would you expect for the sign of SAAPL ? Negative Positive Suppose that the Fama-French 3-factor model describes security returns, that is E [ri] -rf = b; E [rm -rf]+s; E (SMB] +h; E(HML] Apple (AAPL) is in the top decile (10%) of US stocks in terms of market capitalization and book-to-market ratio. What would you expect for the sign of SAAPL ? Negative Positive