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Find the condition on the non-negative constants a and b for p(x, y)to be a joint density function, where
Warrants
Financial derivatives that give the right, but not the obligation, to buy or sell a security at a specific price before a certain date.
Contracts
Legally binding agreements between two or more parties that outline terms and conditions for specified activities or transactions.
Fixed Price
A set cost that does not change over time, regardless of variations in market conditions or demand.
Preferred Stock
A category of corporate ownership that has precedence over common stock in terms of asset and earnings claims, typically featuring fixed dividend payments.
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