Now form stock groups that use two criteria simultaneously. for example, form a portfolio of stocks that are both in the lowest performing group of price-earnings ratio and in the highestperforming group of price-to-book ratio. does selecting stocks based on more than one characteristic improve your ability to devise portfolios with abnormal returns?

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The martinez legal firm (mlf) recently acquired a smaller competitor, miller and associates, which specializes in issues not previously covered by mlf, such as land use and intellectual property cases. given the increase in the firm's size and complexity, it is likely that its internal transaction costs willa. decrease. b. increase. c. become external transaction costs. d. be eliminated.