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What did welfare reforms at the state level lead to?
Days' Sales Outstanding
A financial metric that shows the average number of days it takes a company to collect payments after a sale has been made.
Exercise Value
Equal to the current price of the stock (underlying the option) less the strike price of the option.
Call Options
Financial contracts that give the option buyer the right, but not the obligation, to buy a stock, bond, commodity, or other asset at a specified price within a specific time period.
Strike Price
The price stated in the option contract at which the security can be bought (or sold). Also called the exercise price.
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