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As a Human Resources representative, Laura must inform Matt that his vacation request for August is not approved. Which of the following should she do?
Market Price
The present cost at which a product or service is available for purchase or sale in the market.
Strike Price
This is the agreed-upon price within an option contract at which the underlying asset can be bought or sold before the option expires.
Put Option
A financial derivative contract giving the holder the right but not the obligation to sell a specified amount of an underlying asset at a set price before the contract expiration.
Market Price
The current market rate for transactions involving an asset or service.
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