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Question # 56

A client is reluctant to sell a poorly performing stock because he fixates on its original purchase price. Which bias is evident?

Options:

A.

Anchoring

B.

Loss aversion

C.

Herding

D.

Status quo bias

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CFP Overview

Name Financial Planner (CFP)
Code CFP
Vendor Finance, Insurance and Real Est
Certification Certified Financial Planner Board of Standards Inc. (CFP Board)

CFP Questions