Examlex
________ biomes are characterized by slowly flowing shallow water on lands that border larger bodies of water.
Exercise
In financial terms, it refers to the act of invoking the right to buy or sell the underlying asset in a derivative contract.
Payoffs
The potential financial returns or losses from an investment, transaction, or strategy, often evaluated at the time of an investment's maturity or closure.
Assets
Items of value owned by a person or company, regarded as having value and available to meet debts, commitments, or legacies.
Put-call Parity
A principle stating the relationship between the prices of European put and call options with the same strike prices and expiration dates, highlighting the arbitrage opportunities.
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