Examlex
A Nescafe commercial airing in Chile would convey the same promotional message if run in France.
Black-Scholes
It's a mathematical model used for pricing European-style options, taking into account factors like volatility, underlying asset price, and time to expiration.
Variance
A statistical measure of the dispersion of returns for a given security or market index.
Elasticity
A measure of how much the demand or supply of a product changes in relation to a change in one of its determinants like price.
Hedge Ratio
A ratio used to reduce financial risk, representing the proportion of a position hedged to the total position size.
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