Banz found that,on average,the risk-adjusted returns of small firms __________.
A) was higher than the risk-adjusted returns of large firms
B) was the same as the risk-adjusted returns of large firms
C) was lower than the risk-adjusted returns of large firms
D) was negative

Question

Quizplus · Accepted Answer

Banz's study found that small firms on average had higher risk-adjusted returns than large firms.

Banz Found That,on Average,the Risk-Adjusted Returns of Small Firms __________