Examlex
Extinction requires which of the following?
Strike Call
This term may be referring to the strike price of a call option, which is the set price at which the option holder can buy the underlying asset.
Interest Rate
The amount charged by lenders as a percentage of the principal, representing the cost of borrowing money.
Put Option
A legal document that grants the possessor the option to offload a specified quantity of a specific asset at a fixed price during a defined period, without any mandatory commitment to sell.
Expiration
The end of the life of a financial instrument or contract, after which it must either be settled by delivery of the underlying assets or closed.
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