Examlex
The only proper way to estimate the NPV of a foreign project is to discount the appropriate cash flows first and then convert them to the domestic currency at the current spot rate.
Split Factor
A term used in finance to describe the ratio by which a company's existing shares are divided into a larger number of shares, affecting a stock's price by making it more affordable without changing the company's market capitalization.
American Call Option
A type of call option that can be exercised at any time up to the expiration date, giving the holder the right to buy the underlying security at the strike price.
Exercise Price
The cost at which an option's holder has the right to purchase or sell the asset underlying the option.
Expiration Date
The last day on which an option or derivative contract is valid, after which it either becomes worthless or is automatically settled.
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