Examlex
Which of the following kinds of information is most useful to someone who is trying to predict whether someone else will engage in violent behavior?
Asian Put Option
A type of put option where the payoff depends on the average price of the underlying asset over a certain period rather than its price at expiration.
Underlying Asset
An asset such as a stock, bond, commodity, or currency on which a derivative's price is based.
Exercise Price
The price at which the holder of an options contract may buy or sell the underlying security, also known as the strike price.
Quanto
A type of derivative in which the underlying is denominated in one currency, but the instrument itself is settled in another currency at a fixed rate.
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