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1. Arbitrage is limited because the wealth of arbitrageurs is limited. Discuss this statement in the context of those who are managing their own money and those who are managing other people’s money.

2. Differentiate the following terms and concepts:

Primacy and recency effects

Salience and availability

Fast-and-frugal heuristics and bias-generating heuristics

Autonomic and cognitive heuristics

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92264861

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