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Critical Thinking Questions Case 2-2 You have just started an internship on a graphic design team and you are learning about graphic formats used on the web. You have decided you are going to use a digital camera to capture some images to use in your graphic design work. Which of the following is the likeliest format for those images from the camera?
Strike Price
The predetermined price at which an option's holder has the right to purchase (for a call option) or sell (for a put option) the underlying asset.
Option
An option is a financial derivative that gives the holder the right, but not the obligation, to buy or sell an asset at a predetermined price within a specified timeframe.
European Call Option
A financial contract that gives the buyer the right, but not the obligation, to buy a certain asset at a specified price (strike price) on a specified date.
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