Sentence examples for multifactor version of from inspiring English sources

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In line with this story Fama and French (1993, 1995, 1996) suggest that the higher average returns on high BE/ME and small stocks are a compensation for (distress) risk in a multifactor version of Merton (1973)'s intertemporal capital asset pricing model (ICAPM) or Ross (1976)'s arbitrage pricing theory (APT Danielel and Titman 1997: 2; Davis et al. 2000: 389).

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