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Figure 21-1
-In Figure 21-1, the optimal amount of equality lies only between which points?
Exercise Price
The price at which an option holder can buy (call option) or sell (put option) the underlying asset.
Intrinsic Value
The actual, true value of a company or an asset based on underlying perception of its true value including all aspects of the business, in terms of both tangible and intangible factors.
Pure Discount Loan
A type of loan where the borrower receives a sum of money upfront and repays a greater amount at the end of the term, with no periodic interest payments.
Face Value
The nominal or original value stated on a financial instrument, such as a bond or stock certificate.
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