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According to behaviorists, noise traders affect prices in financial markets by: a. decreasing the risk for rational investors who might otherwise trade against them. b.

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According to behaviorists, noise traders affect prices in financial markets by: a. decreasing the risk for rational investors who might otherwise trade against them. b. creating riskless arbitrage opportunities for more informed traders. c. seeking to exploit small pricing irregularities when a stock is undervalued or overvalued. d. trading on beliefs not fully justified by fundamental news

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