5. Long run reversal... a) none of the answers is correct b) cannot be explained c) cannot help to explain the dispositi

[answerhappygod]

5. Long run reversal...
a) none of the answers is correct
b) cannot be explained
c) cannot help to explain the disposition effect
d) can explain if investors do not maximize their wealth
6. Which of the following effects can occur together?
a) none of the answers is correct
b) short run momentum and random walk
c) the random walk and long run reversal
d) the equity premium puzzle and short run momentum
7. The random walk hypothesis is violated...
a) none of the answers is correct
b) momentum of stock prices
c) the equity premium puzzle
d) the closed end fund puzzle
8. Which two factors can partly explain the equity premiumpuzzle?
a) ambiguity and risk loving behavior of investors
b) none of the answers is correct
c) ambiguity loving behavior and loss aversion of investors
d) linear probability weighting and loss aversion