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After Martin and Abby divorced,Martin left the state.He did not contact the children and sent no money for their care.Martin and Abby's style of relating to each other is
Long Put Option
A financial derivative strategy that gives the holder the right, but not the obligation, to sell a specific amount of an underlying asset at a predetermined price within a specified timeframe.
Binomial Option Model
A mathematical model used to price options by breaking down the time to expiration into potentially infinite segments or steps.
Subintervals
Divisions within a larger interval, often used in mathematics to partition an interval into smaller segments.
Implied Volatility
The predicted future movement in a security's price as inferred from the pricing of its options in the market.
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