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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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