Loss Aversion Is Defined As

question 71

Multiple Choice

Loss aversion is defined as:

• A)the inability to mentally acknowledge a loss on a security.
• B)selling any security for less than the price paid to acquire it.
• C)selling a security as soon as it has increased significantly in value.
• D)the reluctance to sell a security after it has decreased in value.
• E)the tendency to quickly sell any investment that has decreased in value.