Examlex
Water is fired horizontally out of a 7-cm diameter hose directly onto a wall at a speed of 7m/s.Assuming that the water after impact falls straight down the wall,the average force on the wall is (density of water = 1000 kg/m3 )
Exercise
The action of implementing or executing a right or option, such as the act of buying or selling an asset under the terms of an options contract.
Option Strike Price
The strike price is the set price at which an option contract can be bought or sold when it is exercised.
Option Contract
A financial derivative that gives the buyer the right, but not the obligation, to buy or sell an underlying asset at a set price within a specific period.
European Option
A type of option contract that can only be exercised at the expiration date, not before.
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