Behavioral or Mispriced Risk ?

Risk-based explanations are the natural how much is viagra default explanation of efficient market proponents for any anomaly. The basic idea is that stocks with predictably higher (lower) adult anime returns must be more (less) risky. In order to make a compelling case that the accrual anomaly is attributable to risk, one first has to come up with a story as to why investors find low (high) accrual stock tadalafil best price online more (less) risky. Ideally, one would like to identify the underlying risk factor and show that it subsumes accruals in predicting future returns. Existing research in this area generally does a poor job on this account.

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