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Representativeness and Emotions Please answer the following questions: 1) An actively traded stock is selected at random and its daily price movement relative to the

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Representativeness and Emotions Please answer the following questions: 1) An actively traded stock is selected at random and its daily price movement relative to the market index is examined. Which of the following 3 sequences is most likely to have occurred over the past 6 trading days where a plus sign denotes stock price changes greater than the market, and a negative sign, price change less than the market? Day 1 Day 2 Day 3 Day 4 Day 5 Day 6 Sequence (a) (b) (c) + + + + - Explain using concepts from this course

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