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NEW QUESTION: 1
A. Option B
B. Option C
C. Option E
D. Option D
E. Option A
Answer: B,C,D
Explanation:
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Section A (1 Mark)
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A. High returns in December and January.
B. Returns in January that are positively correlated with returns in December
C. A tendency to underperform the stock market.
D. Abnormal positive returns, primarily in January.
Answer: D
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