Examlex
Choose the INCORRECT statement.
Returns
The gains or losses from an investment over a specific period, usually expressed as a percentage.
Years
Units of time equal to 365 days (or 366 days in leap years), used as a basic measure of time for planning and agreements.
Risk Premium
The additional return expected for holding a risky investment over a risk-free one.
Long Bonds
Bonds with a long duration, typically more than ten years, that are subject to higher interest rate risks but potentially offer higher yields.
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