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Basic Question 4 of 7
The most UNLIKELY bias that may cause excessive trading is: A. Representativeness Bias
B. Loss-Aversion Bias
C. Overconfidence Bias
D. Status Quo Bias
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I am happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.
Andrea Schildbach
Learning Outcome Statements
discuss commonly recognized behavioral biases and their implications for financial decision making
CFA® 2025 Level I Curriculum, Volume 6, Module 5.