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Tina is the most productive employee in her department.When her manager retires,Tina doesn't apply for the job,in spite of her excellent record and the pay and prestige associated with the job.She believes that the job will go to someone who has more seniority.Based on expectancy theory,Tina doesn't apply for the job based on ________.
Option Contract
A financial derivative that gives the buyer the right, but not the obligation, to buy or sell an asset at a specified price on or before a specified date.
Exercise Price
The cost at which an options contract's owner has the right to purchase or sell the underlying asset.
Time Value
The concept that money available now is worth more than the identical sum in the future due to its potential earning capacity.
January Call
In finance, might refer to a call option that expires in January, allowing investors to purchase stock at a specified price within a given time frame.
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