According to the concept of loss aversion, individual investors are most apt to do which one of the following?
A) the inability to acknowledge a financial loss.
B) selling any security for less than the price paid to acquire it.
C) selling a security as soon as it has earned a profit.
D) the hesitancy to sell a security after it has decreased in value.
E) the tendency to quickly dispose of any investment that has decreased in value.
Correct Answer:
Verified
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