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Which of the following statement is correct? Over-trading increases investors' wealth significantly People tend to sell assets that have dropped in value, but are reluctant

Which of the following statement is correct? Over-trading increases investors' wealth significantly People tend to sell assets that have dropped in value, but are reluctant to sell assets that have increased in value People probably over-pay for assets when market sentiment is high Investors tend to buy stocks that recently attract their attention and empirical studies suggest that such stocks tend to have higher future returns

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