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Iift 2010 Question 72

This is a detailed step-by-step solution for Iift 2010 Question 72. Understand the concept, common mistakes, and expert tips to solve similar questions in IIFT exam.

IIFT 2010

Explanation:
The passage blames 'law of small numbers' as the culprit behind the poor decision making of the investors. Statements II and IV describe the same.
Hence, option C is the correct answer.

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