After Polly Shrum sells a stock, she avoids following it in the media. She is afraid that
Question:
After Polly Shrum sells a stock, she avoids following it in the media. She is afraid that it may subsequently increase in price. What behavioral characteristic does Shrum have as the basis for her decision-making?
a. Fear of regret.
b. Representativeness
c. Mental accounting
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (15 reviews)
Fear of regret Shrum tries not to follow a stock after selling it as ...View the full answer
Answered By
Saumya Chandel
I have been tutoring students since 6 years. I love to share my knowledge and make people learn. My commerce has been my strength all this time and i lke to use new ways and methods to make students understand a particular concept better. Currently, i am pursuing masters in management and finance is my major.
0.00
0 Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Accounting questions
-
Polly Ling is a successful professional golfer. She is a resident of a country that does not have a tax treaty with the United States. Ling plays matches around the world, about one-half of which are...
-
Draw the Lewis structure of bromic acid (HBrO3) that optimizes formal charge. Show all lone pairs.
-
ABC Corp. sells A's and B's. A's have a selling price of $5 and a variable cost of $3. B's have a selling price of $8 and a variable cost of $5. Fixed costs for ABC are $2000 per month. In a regular...
-
What is food processing ? Different types of food processing methods Briefly explained
-
A ball is dropped from an initial height of 100 cm. The rebound heights to the nearest centimeter are 80, 64, 51, 41, and so on. What is the total distance the ball will travel, both up and down?
-
Water flows steadily from a nozzle into a large tank as shown in Fig. P3.120. The water then flows from the tank as a jet of diameter \(d\). Determine the value of \(d\) if the water level in the...
-
a. If the surface in Problem 5.10 faces \(\mathrm{S} 45^{\circ} \mathrm{E}\), what are the incidence angles? b. If the collector in Problem 5.10 has a cylindrical surface, what are the incidence...
-
Nordtown Company is a marketing firm. The companys trial balance on August 31, 2014, follows. .:. During the month of September, the company completed the following transactions: Sept. 2 Paid rent...
-
A ball is launched horizontally at t = 0 s from a height of 10D above the ground. (The squares in the grid in the picture measure D x D.) After launch, the ball is acted upon only by gravity (until...
-
D Question 1 What is the total balance in the Trial Balance on the Debit side from your Worksheet? $339000 $409,000 $388,500 $393,000 Question 2 8 pts $97,000 O $104,000 O $11,000 O $106,000 8 pts...
-
Jill Davis tells her broker that she does not want to sell her stocks that are below the price she paid for them. She believes that if she just holds on to them a little longer they will recover, at...
-
All of the following actions are consistent with feelings of regret except: a. Selling losers quickly. b. Hiring a full-service broker. c. Holding on to losers too long.
-
Explain the meaning of quality to a classmate.
-
When a temporarily illiquid bank which is otherwise in good financial condition borrows money from the Fed in an attempt to prevent a loss of confidence in the bank or in other banks, this is an...
-
How do complexity theory and systems thinking inform our understanding of organizational change dynamics, particularly concerning the non-linear, emergent properties that arise from interconnected...
-
Splish Co . is building a new hockey arena at a cost of $ 2 , 4 6 0 , 0 0 0 . It received a downpayment of $ 5 0 0 , 0 0 0 from local businesses to support the project, and now needs to borrow $ 1 ,...
-
A company's net income for the current year was $480,000. Depreciation was $62,000. Accounts receivable and inventories decreased by $20,000 and $32,000, respectively. Prepaid expenses and salaries...
-
Campbell Company makes and sells products with variable costs of $24 each. Campbell incurs annual fixed costs of $365,400. The current sales price is $87. Note: The requirements of this question are...
-
Which of the choices in Question 1 is the converse of \(A \Rightarrow B\) ? Data From Question 1 1. Which is the contrapositive of \(A \Rightarrow B\) ? (a) \(B \Rightarrow A\) (b) \(eg B \Rightarrow...
-
A regular deposit of $100 is made at the beginning of each year for 20 years. Simple interest is calculated at i% per year for the 20 years. At the end of the 20-year period, the total interest in...
-
Doctors at the Centers for Disease Control estimate that 30 % of the population will catch the Tibetan flu. What is the probability that in a sample of 10 people, exactly three will catch the flu?...
-
Log in to Connect and link to the material for Chapter 6, where you will find a spreadsheet containing monthly rates of return for Ford, the S&P 500, and T-bills over a recent five-year period. Set...
-
Log in to Connect to find rate-of-return data over a 60-month period for Google, the T-bill rate, and the S&P 500, which we will use as the market-index portfolio. a. Use these data and Excel's...
-
Consider the following data for a one-factor economy. All portfolios are well diversified. Suppose another portfolio E is well diversified with a beta of 2/3 and expected return of 9%. Would an...
-
es Hart, Attorney at Law, experienced the following transactions in Year 1, the first year of operations: 1. Accepted $16,600 on April 1, Year 1, as a retainer for services to be performed evenly...
-
Dahlia Corporation has a current accounts receivable balance of $439,516. Credit sales for the year just ended were $5,503,810. a. What is the receivables turnover? Note: Do not round intermediate...
-
Why does the organizational structure hold political significance? Provide an in-depth analysis of this concept using examples from both academic literature and real-world instances. Additionally,...
Study smarter with the SolutionInn App