Question: The value factor is the return difference between? firms with high book to market ratio and the market return and it earns positive returns. firms
The value factor is the return difference between? firms with high book to market ratio and the market return and it earns positive returns. firms with high book to market ratio and low book to market ratio and it earns negative returns. firms with high book to market ratio and low book to market ratio and it earns positive returns. firms with high book to market ratio and the market return and it earns negative returns
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