[单选题]

A financial analyst utilizing his analytical expertise and up-to-date information buys a company's stock. His close friends, who lack information or expertise, imitate the financial analyst's action and buy the stock. Which of the following statements concerning this behavioral bias is most accurate?

A.It improves market efficiency.

B.It is identical to representativeness.

C.It is inconsistent with rational behavior.

参考答案与解析:

相关试题

An analyst checked the financial information of a profitable company named York Corporation. The com

[单选题]An analyst checked the financial information of a profitable company named

  • 查看答案
  • An analyst gathered the following information from a company's financial statements ($ millions

    [单选题]An analyst gathered the following information from a company's financial st

  • 查看答案
  • An analyst gathered the following information from a company's most recent financial statements

    [单选题]An analyst gathered the following information from a company's most recent

  • 查看答案
  • Based on best practices in corporate governance procedures, it is most appropriate for a company

    [单选题]Based on best practices in corporate governance procedures, it is most appr

  • 查看答案
  • Based on best practices in corporate governance procedures, it is most appropriate for a company

    [单选题]Based on best practices in corporate governance procedures, it is most appr

  • 查看答案
  • Based on best practices in corporate governance procedures, it is most appropriate for a company

    [单选题]Based on best practices in corporate governance procedures, it is most appr

  • 查看答案
  • An analyst notes that the footnotes to the financial statements for a lessee company indicate that t

    [单选题]An analyst notes that the footnotes to the financial statements for a lesse

  • 查看答案
  • An analyst gathered the following information about a company and that company's common stock:&

    [单选题]An analyst gathered the following information about a company and that comp

  • 查看答案
  • An analyst gathered the following information about a company and the company's industry:<br

    [单选题]An analyst gathered the following information about a company and the compa

  • 查看答案
  • Providing information about the performance of a company, its financial position, and changes in fin

    [单选题]Providing information about the performance of a company, its financial pos

  • 查看答案
  • A financial analyst utilizing his analytical expertise and up-to-date information buys a company