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Question 24 (1 point) Which of the following is true of Behavioral Finance? 1) It is a study of how sociological and economic factors drive

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Question 24 (1 point) Which of the following is true of Behavioral Finance? 1) It is a study of how sociological and economic factors drive investor buy-and- sell decisions 2) It argues that investors are always rational in their investment decision and that price anomalies are due to weak form market efficiency O3) It argues that investors often make decisions based on emotions and biases 4) It is a study of how market overreaction and underreaction are explained by the efficient market hypothesis Question 25 (1 point) Which of the following is NOT a psychological biases in Behavioral Finance? 1) Familiarity 2) Confirmation 3) Loss aversion 4) Experiential 5) All of the above

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