Question: The case is set in 2002. How did small-cap do after 1980s? Compute average excess returns of the same 10 size-sorted portfolios for the period

The case is set in 2002. How did small-cap do after 1980s? Compute average excess returns of the same 10 size-sorted portfolios for the period 1980 - 2001 (year before the date of case) and then for the period 2002 - 2023. Comment on your findings. Did the past (before 1980s) repeat itself

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