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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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    Investors Who Buy Mutual Funds That Have Had Large Gains
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Investors Who Buy Mutual Funds That Have Had Large Gains

Question 116

Question 116

Multiple Choice

Investors who buy mutual funds that have had large gains over the last few years are exhibiting a tendency known as


A) overconfidence.
B) narrow framing.
C) loss aversion.
D) representativeness.

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