Examlex
What is the first step in preparing a financial plan?
Call
An option contract giving the owner the right, but not the obligation, to buy a specified amount of an underlying asset at a set price within a specified time.
Strategy
A plan of action designed to achieve a long-term or overall aim.
Risk-Free Rate
The theoretical rate of return of an investment with zero risk, serving as a baseline for assessing the risk and return on other investments.
Stock Option
A derivative financial instrument that gives the holder the right to buy or sell a stock at a specified price before a certain date.
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