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What focus of analysis is shared by the conflict and functional perspectives?
Hedge Ratio
The ratio of the size of a position in a hedging instrument to the size of the exposure it seeks to hedge.
Call Option
A financial contract giving the buyer the right, but not the obligation, to purchase a stock, bond, commodity, or other asset or instrument at a specified price within a specific time period.
Put Option
This contract permits a person to have the option, without being compelled, to sell a certain amount of a base asset at a fixed price within a designated timeframe.
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