6 pts Question 29 This question has 2 scenarios - Each scenario requires that you name the behavioral bias (1pt.), its meaning/definition (1pt.), and your advice to the investor. Two investors that you advise chose to buy a technology stock in January. This stock initially goes up 25% but drops 20% in September. During this volatile period, no fundamental change has occurred to the business. Scenario 1 - Investor #1 calls in a panic and wants to immediately sell all his stock. Explain the behavioral bias this investor is exhibiting and what advice you would provide. (3pts - name, definition, advice) Scenario 2 - Three months later, the company's business has slowed significantly. As a result, the company will cut it's dividend and eliminate capital spending planned for the next 3 years. The stock drops 15% on this news. You call both investors and recommend they sell their stock. Investor #2 refuses to sell her stock because she doesn't want to take a loss on her investment. Explain the behavioral bias this investor is exhibiting and what advice you would provide. (3pts name, definition, advice) Edit View Insert Format Tools Table 12pt Paragraph BIUA TAO Italic 6 pts Question 29 This question has 2 scenarios - Each scenario requires that you name the behavioral bias (1pt.), its meaning/definition (1pt.), and your advice to the investor. Two investors that you advise chose to buy a technology stock in January. This stock initially goes up 25% but drops 20% in September. During this volatile period, no fundamental change has occurred to the business. Scenario 1 - Investor #1 calls in a panic and wants to immediately sell all his stock. Explain the behavioral bias this investor is exhibiting and what advice you would provide. (3pts - name, definition, advice) Scenario 2 - Three months later, the company's business has slowed significantly. As a result, the company will cut it's dividend and eliminate capital spending planned for the next 3 years. The stock drops 15% on this news. You call both investors and recommend they sell their stock. Investor #2 refuses to sell her stock because she doesn't want to take a loss on her investment. Explain the behavioral bias this investor is exhibiting and what advice you would provide. (3pts name, definition, advice) Edit View Insert Format Tools Table 12pt Paragraph BIUA TAO Italic