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Information Perspective Studies Have Shown Us That When Compared to Sophisticated

Question 3

Multiple Choice

Information perspective studies have shown us that when compared to sophisticated investors,unsophisticated investors:


A) Underreact to good new and overreact to bad news.
B) Overreact to good news and underreact to bad news.
C) Overreact to news,both good and bad.
D) Are little different to their reactions.

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