Multiple Choice
Which one of these is an example of financially irrational behavior?
A) An investor selling stock to realize a profit
B) Increasing the amount you are willing to pay for a stock following a positive announcement
C) Buying a mutual fund to benefit from diversification
D) Casino gambling
E) A firm issuing new shares when their managers feel the stock is overpriced
Correct Answer:
Verified
Correct Answer:
Verified
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