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Zack was born and raised in Chicago. Upon graduation from college, Zacks father presented him with an on-line portfolio consisting of 5 stocks based in

Zack was born and raised in Chicago. Upon graduation from college, Zacks father presented him with an on-line portfolio consisting of 5 stocks based in Chicago. Twenty years later, Zack is still holding these stocks, even though some have not appreciated much. Zack exhibits the ______ bias.

  • A. Anchoring
  • B. Long-term
  • C. Endowment
  • D. Sentimental

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