Examlex
1 degree of latitude is approximately how many kilometers in distance?
Market Price
The current price at which an asset or service can be bought or sold in the marketplace.
Black-Scholes
A mathematical model used for pricing European call and put options, considering factors like stock price, strike price, volatility, and time to expiration.
European Options
Financial derivatives that give the holder the right, but not the obligation, to buy or sell an underlying asset at a specified price on a specified expiration date.
American Options
Options that can be exercised at any time up to the expiration date.
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