Question: 7 (5 points) You are advising a new client. During your initial discussions the client makes the following statements: Identify which Financial behavioral bias is

7 (5 points) You are advising a new client. During your initial discussions the client makes the following statements:
Identify which Financial behavioral bias is most consistent with each statement.
(a) I do not want to sell any asset in my bond portfolio for a price lower than the cost.
(b) I want to retain XYZ stock in my portfolio because I have identified a specific use for those funds when I retire.

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