Examlex
System 1 thinking is __________, while System 2 thinking is __________.
Risky
Characterized by or involving uncertainty, potential danger, or financial loss.
Interest Rates
The cost of borrowing money or the return on investment, expressed as a percentage, that lenders charge borrowers over a specified period.
Values of Bonds
The worth or price of a bond, influenced by interest rates, the bond's credit quality, and the duration until maturity.
Perpetuities
A financial instrument that provides an infinite stream of identical payments.
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