Question: Assume the market tends to underreact. A profitable strategy therefore would be to _____ shares that have appreciated and _____ shares that have gone down

Assume the market tends to underreact. A profitable strategy therefore would be to _____ shares that have appreciated and _____ shares that have gone down in value.

Select one:

a.sell; buy

b.buy; buy

c.sell; sell

d.buy; sell

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