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'Winners' curse' will more adversely affect which investment? Stocks or investment properties? Write 'stock' or 'house'. 2. 'The 'Lemons problem' will more adversely affect which
- 'Winners' curse' will more adversely affect which investment? Stocks or investment properties? Write 'stock' or 'house'.
2. 'The 'Lemons problem' will more adversely affect which investment? Stocks or investment properties? Write 'stock' or 'house'.
3. 'Which investment is more liquid? Write 'stock' or 'house'.
4. 'Assets with higher liquidity (quicker and cheaper to sell) are expected to have higher or lower prices? Write 'higher' or 'lower'.
5. 'Assets with higher liquidity (quicker and cheaper to sell) are expected to have higher or lower total required returns? Write 'higher' or 'lower'.
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