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What is a Wi-Fi protected access (WPA) ?
Implied Volatility
The market's forecast of a likely movement in a security's price, often derived from the price of its options.
Binomial Option Model
A mathematical model used to price options by breaking down the option's life into discrete time intervals and calculating the value at each step.
Interest Rate
The percentage of a sum of money charged for its use, typically expressed as an annual percentage on a loan or investment.
Option Price
The price at which a specific derivative contract can be exercised, representing the cost to buy (call option) or sell (put option) an underlying asset at the strike price.
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