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Microbiologists quickly responded to the paper by Dr.Wolfe-Simon in which she claimed to have discovered bacteria that were using arsenic to construct their DNA.One of the most challenging criticisms was that she and her colleagues
Underlying Asset
An asset such as a stock, bond, commodity, or currency on which a derivative's price is based.
Exercise Price
The price at which the holder of an options contract may buy or sell the underlying security, also known as the strike price.
Quanto
A type of derivative in which the underlying is denominated in one currency, but the instrument itself is settled in another currency at a fixed rate.
Foreign Currency
Currency used in a country other than one’s own, involving the exchange of currencies in international trade or investment.
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