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What is the best action to take when facing a paper loss? A. Ignore the paper loss B. Close out the position as soon as
What is the best action to take when facing a paper loss?
A. Ignore the paper loss
B. Close out the position as soon as possible
C. Hold on to the position until it hurts too much
D. Forget about your cost basis (average purchase price) and think about how this investment will perform in the future
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Public Finance
Authors: Harvey S. Rosen
5th Edition
025617329X, 978-0256173291
