Examlex
Total Quality Management (TQM) allows for an acceptable number of defects in a product or process.
Risk Free Interest Rate
The theoretical rate of return on an investment with zero risk, typically represented by the yield on government bonds.
Exercise Price
The exercise price is the specified price at which the holder of an option can buy (in the case of a call option) or sell (in the case of a put option) the underlying security or commodity.
Binomial Model
A mathematical model used in finance to estimate the price of options by considering two potential outcomes for an asset's price (up and down) over time.
Risk Free Interest Rate
The rate of return on an investment with zero risk of financial loss, typically based on government bonds.
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