Question: Mark's dad and sister both work for Procter & Gamble. He has lived in Cincinnati, OH ( the headquarters for P&G ) his entire life.
Mark's dad and sister both work for Procter & Gamble. He has lived in Cincinnati, OH the headquarters for P&G his entire life. After graduating from college, Mark landed a job a P&G in the diaper division in a brand management capacity. He decides to allocate his k to the Vanguard Total Stock Market Index, to the Vanguard International Growth Fund, and into P&G stock. Which bias most likely explains this allocation mix?
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
