Examlex
What is the coefficient of H2O when the following equation is properly balanced with the smallest set of whole numbers? ________ PCl3(l) + ________ H2O(l) → ________ H3PO3(aq) + ________ HCl(aq)
Positive Basis
In futures trading, a situation where the spot or cash price of a commodity is lower than the future price, indicating expectations of higher future prices.
Borrowing Cost
The cost incurred by an entity when it raises funds through debt financing, which may include interest payments and other fees.
Convertible Arbitrage
A trading strategy that involves taking a long position in convertible securities and a short position in the stock of the issuing company to exploit pricing inefficiencies.
Interest-Sensitive Securities
Financial instruments whose value and yield are heavily influenced by fluctuations in interest rates.
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