Solved: Fama and french show that average stock return on firm what, Accounting Basics

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Fama and french show that average stock return on firm what

Problem

Fama and French show that average stock returns on firms with small market capitalizations have been significantly higher than average returns for "large-cap" firms. What are the possible explanations for this result? Does the result disprove market efficiency? Explain.

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Accounting Basics: Fama and french show that average stock return on firm what

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Accounting Basics: Fama and french show that average stock return on firm what

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