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Determine if the sequence is an arithmetic sequence, a geometric sequence, or neither. If it is either arithmetic or geometric, give the next term in the sequence.
-7, 13, 13, 19, 19, . . .
Call Option
An agreement that grants the purchaser the option, not the compulsion, to acquire an asset at a predetermined price during a defined timeframe.
Exercise Price
The specified price at which the holder of an option can buy (call option) or sell (put option) the underlying security or commodity.
Risk-Free Rate
The theoretical return on an investment with no risk of financial loss, typically represented by government bonds.
Market Value
The current price at which an asset or service can be bought or sold in a market.
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