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Jeffrey is an infant who has a mother that smiles at him often, plays with him, but doesn't pick him up when he cries. When he is sleepy, she tries to get him to stay awake to read books. When he is sad, she tries to make him laugh. Jeffrey most likely has developed a(n) __________ attachment.
Par Value
The face value of a bond or stock as stated by the issuing company, which does not necessarily coincide with its market value.
Expiration Date
In finance, this term often refers to the date on which a derivative contract, such as an option or futures contract, becomes void and ceases to trade.
Option Contract
A financial derivative contract that grants the buyer the right, but not the obligation, to buy or sell an asset at a specified price on or before a certain date.
Exercise Price
The price at which the holder of an option can buy or sell the underlying security.
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