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Steve purchased a stock last year for $ 3 4 a share. The stock increased in value to $ 3 6 a share before declining

Steve purchased a stock last year for $34 a share. The stock increased in value to $36 a share before declining to its current value of $30. Steve has decided to sell the stock, but only if he can receive $34 a share or better. Steve is suffering most from which of the following behavioural conditions?
Question 11 options:
False fallacy
Arbitrage reaction
House money
Representativeness heuristic
Randomness

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