Examlex
Instructions: Identify the following. Be as specific as possible, and include names, dates, and relevant facts as appropriate. Be sure to explain the significance of the person or term.
Proclamation of Amnesty and Reconstruction
Arbitrage Opportunity
The chance to buy an asset at a low price in one market and simultaneously sell it at a higher price in another, realizing a profit with no risk.
American Call Option
An American call option is a financial contract that gives the holder the right, but not the obligation, to buy an asset at a specified price before the option expires.
Exercise Price
The specified price at which the option holder can buy or sell the underlying asset in options trading.
In The Money
A term used to describe an option contract that has intrinsic value, indicating that it is profitable to exercise.
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