On the Way to His Spring Break at the Ocean,Ben's

question 108

Multiple Choice

On the way to his spring break at the ocean,Ben's flight was delayed by 12 hours.Once on the beach,he was disappointed that the condo was run-down and dirty.After the trip,Ben described his experience in nothing but positive terms.This accounting of the trip best reflects

• A)rosy retrospection.
• B)belief perseverance.
• C)confirmation bias.
• D)false memory.

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Definitions:

Stock Split

A corporate action in which a company divides its existing shares into multiple shares to boost the liquidity of the shares, though the market capitalization remains the same.

Pre-split Price

The pre-split price is the value of a stock before it undergoes a split, affecting the total number of shares in circulation but not the company's market capitalization.

Post-split Price

Post-split price is the share price of a stock after the company has completed a stock split, adjusting the price proportionately to the split ratio.

Dividend Payout Ratio

A financial ratio that shows the percentage of earnings a company pays to its shareholders in the form of dividends, providing insight into the proportion of earnings distributed versus retained.