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If = +4
- 2
- 3
And
= -4
-2
- 3
,which of the following numbers is closest to the magnitude of
-
?
Payoffs
The returns or gains received from an investment or decision, which can vary based on different outcomes or scenarios.
Binary Options
Financial instruments that pay out either a fixed amount or nothing at all, depending on whether a certain condition is met at expiration, typically related to the price movement of a security.
Fixed Amount
A fixed amount refers to a specific quantity or sum of money that does not change over time, often used in financial contexts like investments, payments, or fees.
Specified Event
An occurrence or situation outlined within a contract that triggers certain actions or conditions, often used in insurance and derivatives contracts.
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