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During the Great Depression years 1930-1933 there was a very high rate of business failures and defaults,we would expect the risk premium for ________ bonds to be very high.
Self-confident
Having a strong belief in one's own abilities, qualities, and judgment.
Resilient
The ability of an individual, community, or system to quickly recover from difficulties or adapt to change without being overwhelmed or giving up.
Risk-taking Individual
A person who is willing to undertake activities that involve risk in order to achieve goals, often in the context of business or entrepreneurship.
Tolerance for Ambiguity
An individual's capacity to remain comfortable and function effectively in situations that are uncertain, unclear, or unpredictable.
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