Reference no: EM132778481

Problem 1: Consider a situation where Azeez and Badru purchased a house in 2014 in Alor Setar for RM400,000. In 2018, there was need for them to sell due to change of job to another country. Although the house was appraised for RM350,000, but they decided to state it on the market for RM400,000. The house is yet to be sold. Based on your understanding of behavioural factors that affect price of asset, what aspects of the factors can best explain this situation.

Select one:

a. Familiarity bias and self-attribution bias
b. Narrowing and Representativeness
c. Loss aversion and Anchoring
d. Overconfidence and representativeness

Problem 2:  __________ charts identify short and long term trends.

Select one:

a. Candlestick
b. Moving average
c. Point and figure
d. Relative strength