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Piaget's theory about formal operational thinking has been criticized because
Call Option
A financial contract giving the buyer the right, but not the obligation, to buy an asset at a specified price within a predetermined period.
Conversion Ratio
The number of shares a bondholder can receive upon converting their bonds into equity shares.
Call Option
A finance-related contract granting the buyer the privilege, rather than a requirement, to buy an asset at a fixed price within a set period.
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