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The value of an American call option is increased when the exercise price is decreased.
Federal Law
Legislation enacted by a country's federal government that is valid across the entire nation.
Enron Corporation
An American energy, commodities, and services company based in Houston, Texas, that became infamous for its bankruptcy in 2001 due to one of the largest corporate fraud scandals in history.
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Professional services offered by accountants, including audit, tax preparation, bookkeeping, and financial planning.
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A legal principle that protects communications between a client and their attorney from being disclosed without the client's consent.
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