Examlex
Wireless network devices use ________ to communicate with each other.
Option Contract
A financial contract granting the buyer the right, but not the obligation, to buy or sell an asset at a set price on or before a certain date.
Conversion Warrant
A conversion warrant is a financial derivative that gives the holder the right, but not the obligation, to convert the warrant into the underlying company's stock at a specific price before expiration.
Strike Price
The set price at which the holder of an options contract can buy (call option) or sell (put option) the underlying asset.
Risk-Free Rate
The theoretical rate of return on an investment with zero risk, often represented by government bonds.
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