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Oscar gets drunk at a party and starts arguing with one of the other guests that death penalty is better than capital punishment.The other guest holds a contrasting view about the topic.They get into a heated argument.Oscar gets angry and shoves the other person to injure him.In the context of psychology,this scenario illustrates ________.
Riskless Arbitrage
An investment strategy that involves exploiting price differences of identical or similar financial instruments on different markets or in different forms.
Standard Deviation
A statistical measure that quantifies the amount of variation or dispersion of a set of data values from the mean.
Theoretical Value
The estimated price of an asset or financial instrument based on mathematical models instead of market prices, often used in options pricing.
Binomial Option Price
A mathematical model that is used to calculate the theoretical price of options using a binomial tree of possible price movements.
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