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Write a polar equation in and of an ellipse with the focus at the origin, with the eccentricity and directrix .
Convertible Bond
A type of bond that can be converted into a predetermined number of the issuer's equity shares.
In the Money
A term used in options trading indicating that the option has intrinsic value.
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.
Positive Intrinsic Value
The condition where an option or other financial instrument has a market price below its calculated value, suggesting undervaluation.
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