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Why is fetal hemoglobin very efficient at picking up oxygen?
Option Contract
A financial contract giving the buyer the right, but not the obligation, to buy or sell an asset at a set price on or before a certain date.
Exercise Price
The specified price at which an option holder can buy (in a call option) or sell (in a put option) the underlying asset.
Leveraged Firm
A company that uses a high level of debt to finance its operations.
Call Option
A financial contract that gives the buyer the right, but not the obligation, to buy an asset at a specified price within a specific time.
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