Examlex
Match the following by writing the appropriate letter in the blank. There is only one correct answer per question and each answer may be used only once.
-secretin
Put Option
This is a financial contract that gives the holder the right, but not the obligation, to sell a specified amount of an underlying asset at a set price within a specified time.
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.
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