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Explain the trends in the racial and ethnic composition of the United States. How can marketers use this information?
Option Contract
A financial derivative that gives the buyer the right, but not the obligation, to buy or sell an asset at a specified price on or before a specified date.
Exercise Price
The cost at which an options contract's owner has the right to purchase or sell the underlying asset.
Time Value
The concept that money available now is worth more than the identical sum in the future due to its potential earning capacity.
January Call
In finance, might refer to a call option that expires in January, allowing investors to purchase stock at a specified price within a given time frame.
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