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To prevent vertical flame spread, stud spaces are not permitted to be more than ____ high.
Write
In finance, to sell an option contract, effectively creating a new option in the market.
Call Option
A financial contract that gives the buyer the right, but not the obligation, to buy an asset at a specified price within a specified period.
Premium
The amount paid for an option or insurance policy over its intrinsic value or the amount by which the price of a bond exceeds its face value.
Exercise Price
The price level at which an option owner has the right to carry out a purchase (for calls) or a sale (for puts) of the asset in question.
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