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In 1979,Iranians who took American hostages demanded,in return for their release,
Forward Contract
A customizable financial contract between two parties to buy or sell an asset at a specified price on a future date.
Option Price
The price at which the holder of an option can buy (call option) or sell (put option) the underlying asset.
Forward Price
The agreed-upon price for a financial transaction that will occur at a future date.
Settlement
The process of resolving a transaction, which in finance typically means the exchange of payment for goods or services.
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