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In General,an Answer to an Interviewer's Question on a Radio

question 21

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in general,an answer to an interviewer's question on a radio or television talk show should be no longer than


Definitions:

Arbitrage

The practice of buying and selling equivalent assets in different markets to take advantage of a price difference.

Exercise Price

The specified price at which an option contract can be exercised, determining the buy or sell price of the asset under option.

Put Option

A Put Option is a financial contract that gives the holder the right, but not the obligation, to sell a specific quantity of an asset at a set price within a specified time.

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