Examlex
Please use the following information to answer the question(s) below.
-Examining the figure,which type of selection has two peaks of frequency of individuals?
Constant Payment
A fixed amount of money paid periodically in a loan agreement until the loan is repaid in full, including both principal and interest.
Time Premium
The difference between intrinsic value and the option price.
Call Option
A financial contract that gives the purchaser the right, but not the obligation, to buy an asset at a predetermined price before or at the expiration date.
Put Option
A financial contract giving the option holder the right, but not the obligation, to sell a specified amount of an underlying asset at a set price within a specified time.
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