Examlex
When pricing interest rates in the Black model,the underlying is the forward rate.
Coupon
A voucher or code that entitles the holder to a discount off a particular product or service, or a certificate of interest payment on a bond.
Marginal Cost
The expense associated with manufacturing or providing an additional unit of an item or service.
Marginal Benefit
The additional satisfaction or utility gained by consuming one more unit of a good or service.
Diamond
A precious gemstone formed from carbon under high pressure and temperature, valued for its brilliance, clarity, and rarity.
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