Discuss the Exceptions to the Hearsay Rule of Confessions,admissions,spontaneous and Excited

question 29

Essay

Discuss the exceptions to the hearsay rule of confessions,admissions,spontaneous and excited utterance,dying declaration and former testimony.

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Definitions:

Stock's Price

The current price at which a specific stock is bought or sold on the stock market.

Hedge Ratio

The Hedge Ratio is a risk management tool that compares the value of a position protected through a hedge to the size of the entire position.

Long Put Option

A financial derivative strategy that gives the holder the right, but not the obligation, to sell a specific amount of an underlying asset at a predetermined price within a specified timeframe.

Binomial Option Model

A mathematical model used to price options by breaking down the time to expiration into potentially infinite segments or steps.