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How would you use the Consumption-CAPM to explain the small-firm effect? (i.e. firms with small market...

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Economics

How would you use the Consumption-CAPM to explain thesmall-firm effect? (i.e. firms with small market capitalisationhave higher returns)

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How would you use the ConsumptionCAPM to explain the smallfirm effect ie firms with small market capitalisation have higher returns Answer publicly traded companies can be divided    See Answer
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