Consider three hedge-fund strategies conducted on a monthly basis:
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Question

Consider three hedge-fund strategies conducted on a monthly basis: the momentum strategy (long

past winners and short past losers), the value strategy (long value stocks and short growth stocks); and the size strategy (long small stocks and short large stocks).  Of these three strategies, which one of them will likely involve the highest trading costs?  

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The value strategy will... View the full answer

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