Examlex
Which statement about speciation is true?
Option Writer
An individual or entity that creates and sells options, thus assuming the risk of having to buy or sell the asset at the option's strike price if the option is exercised.
Conversion Value
The financial worth of converting a convertible security into its underlying shares, calculated based on the current price of the shares.
Conversion Ratio
The specific quantity of a secondary security that can be converted from a primary security, used in the context of convertible bonds and preferred stocks.
Employee Stock Options
These are options granted to employees as part of their remuneration package, allowing them to purchase company stock at a set price after a certain period.
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