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Suppose an investor purchases the securities below based on the historical pattern highlighted by the solid red line (the investor uses these patterns to form
Suppose an investor purchases the securities below based on the historical pattern highlighted by the solid red line (the investor uses these patterns to form expectations about future prices). For each of the figures below, what behavioral bias is the investor is likely to exhibit? Explain your reasoning. a) (15 points) b) (15 Suppose an investor purchases the securities below based on the historical pattern highlighted by the solid red line (the investor uses these patterns to form expectations about future prices). For each of the figures below, what behavioral bias is the investor is likely to exhibit? Explain your reasoning. a) (15 points) b) (15
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