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Pavel is trying to understand the differences between the major Wi-Fi standards. He asks you to quiz him.
-You tell Pavel that the location where he wants to install a wireless system has a lot of noise on the 2.4 GHz radio spectrum. You ask which wireless standard would avoid the noise. He tells you he could use ____.
Futures Contract
An arrangement, enforceable by law, where individuals agree to trade a specified commodity or financial instrument at a previously established price, to be fulfilled at a specified time ahead.
Forward Contract
is a non-standardized contract between two parties to buy or sell an asset at a specified future date for a price agreed upon today.
Settlement Date
The date on which a trade is finalized, and the buyer must make payment and the seller must deliver the asset.
Option Contract
A financial contract that gives the holder the right, but not the obligation, to buy or sell an underlying asset at a specified price within a certain period.
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