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Basic Question 6 of 7
Some investors may conclude that huge risk can be assumed using the returns compared with the initial investment principal. This is referred to as "playing with house money." This is known as: A. Mental Accounting Bias
B. Illusion of Control Bias
C. Framing Bias
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You have a wonderful website and definitely should take some credit for your members' outstanding grades.
Colin Sampaleanu
Learning Outcome Statements
discuss commonly recognized behavioral biases and their implications for financial decision making
CFA® 2025 Level I Curriculum, Volume 6, Module 5.