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Meaning / Definition of
Yield-Based Option
Categories: Finance,
A type of debt-instrument-based option that derives its value from the difference between the exercise price and the value of the yield of the underlying debt instrument. Yield-based options are settled in cash. A yield-based call buyer expects interest rates to go up, while a yield-based put buyer expects interest rates to go down.
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Genetic Information Nondiscrimination Act (GINA) Of 2008
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removed
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