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Describe the French political system and explain modifications that improved its function since 1958.
Put Premium
The price that an investor pays for the right but not the obligation to sell a specified amount of an underlying asset at a predetermined price within a specified time frame.
Long Straddle
An options trading strategy that involves purchasing both a call and a put option on the same asset with the same expiration date and strike price, betting on volatility.
Call Contract
A financial derivative agreement giving the buyer the right, but not the obligation, to buy an underlying asset at a specified price before a specified date.
Break Even
The point at which total cost and total revenue are equal, meaning there is no net loss or gain.
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