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Yesterday, Maya stated that Overboard stock was only worth $ 1 2 a share and since it was selling for $ 1 5 a share,
Yesterday, Maya stated that Overboard stock was only worth $ a share and since it was selling for $ a share, she declared it overpriced and refused to buy any shares. This morning, she learned that she is inheriting shares of Overboard stock from her grandmother. Suddenly, she is saying that Overboard stock is a great buy at $ and is probably worth at least $ a share. This is an example of which one of the following?
Question options:
snakebite effect
money illusion
regret aversion
sunk cost fallacy
endowment effect
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