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Underlying Asset
The financial asset upon which a derivative instrument, such as an option or a futures contract, is based.
Floating-Rate Debt
Floating-rate debt is a type of loan or security that has a variable interest rate, which adjusts periodically based on a benchmark or index rate.
Market Value
The current price at which an asset or service can be bought or sold in a public market.
Historical Cost
The original financial value of an asset or investment at the time of its acquisition.
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