Instructions: Identify the Following Terms

question 15

Short Answer

Instructions: Identify the following terms.
Liberia

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Definitions:

Performance Hurdle

A benchmark or specific target set that must be achieved before certain rewards, such as bonuses or stock options, are granted.

Repriced Option

An option whose terms, specifically the strike price, have been adjusted, typically to make the options more favorable for the holder following declines in the market price of the underlying asset.