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Business, 15.04.2020 22:07 tangia

Historically, small firm stocks have earned higher returns than large firm stocks. When viewed in the context of an efficient market, this suggests that .

A. small firms are better run than large firms

B. government subsidies available to small firms produce effects that are discernible in stock market statistics

C. small firms are riskier than large firms

D. small firms are not being accurately represented in the data

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