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Sector-Factor Model Is a Special Kind of a _________ -

question 18

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Sector-factor model is a special kind of a _________ - factor model in which some of the factors are particular industries or economic sectors.


Definitions:

Straight Bond Value

The value of a convertible bond if it could not be converted into common stock.

TWX Call Option

An option contract that gives the holder the right, but not the obligation, to buy Time Warner Inc. (TWX) stock at a specified price within a certain time period.

Strike Price

The set price at which an option can be bought or sold when it is exercised.

Intrinsic Value

The actual, fundamental value of an asset, determined through analysis without reference to its market value.

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