Overview
1. The first section is Introduction, which should contain a high-level summary of the re-
search question, model, and findings. 2. The second section should describe the data, including the data source and summary. • There are multiple sets of portfolios considered, so you want to highlight the differ- ences between them. 3. The third section should explain the model used and the findings. • There are more than one tasks involved. For example, in the first part, you are asked to compare the performance of the one-factor and three-factor models, while in the second part, you use the three-factor model to explain two new sets of portfolios. Hence, it is naturally interesting and important to compare whether the three-factor model fares better in explaining the portfolios sorted on Size and Book-to-Market than in explaining than the two new sets of portfolios. 4. The last section is Conclusion.
coding needed