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Exhibit 13-6
Below you are given a partial computer output based on a sample of 16 observations.
-Refer to Exhibit 13-6. The interpretation of the coefficient of X1 is that
Strike Price
The set price at which an option contract can be bought (call option) or sold (put option) when it is exercised.
Total Profit
The total income a business generates after all expenses and costs have been subtracted from total revenue.
Convertible Bond
A type of bond that can be converted into a predetermined number of the issuer's equity shares at certain times during the bond's life, usually at the discretion of the bondholder.
Conversion Price
The predetermined price at which convertible security can be converted into common stock.
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