Examlex
Which of the following statements regarding Hispanic New Mexico is FALSE?
Put Option
A financial contract giving the buyer the right, but not the obligation, to sell a specified amount of an underlying asset at a set price within a specified time.
Striking Price
The predetermined price at which the holder of an option can buy or sell the underlying security.
Cumulative Feature
A characteristic of certain preferred stocks or securities where unpaid dividends accumulate and must be paid before dividends to common stockholders.
Common Dividends
Distributions of a portion of a company's earnings, decided by the board of directors, to a class of its shareholders known as common shareholders.
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