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    Fundamentals of Investing Study Set 2
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    Exam 9: Market Efficiency and Behavioral Finance
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    The Tendency of Investors to Take Greater Risks After a Large
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The Tendency of Investors to Take Greater Risks After a Large

Question 34

Question 34

Multiple Choice

The tendency of investors to take greater risks after a large loss and fewer risks after a large gain can be attributed to


A) overconfidence.
B) the "house money" effect.
C) loss aversion.
D) representativeness.

Correct Answer:

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