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Dell Publishing Company, Inc. is an American publisher of books, magazines and comic books, that was founded in 1921 by George T. Delacorte Jr. with $10,000 (approx. $145,000 in 2021), two employees and one magazine title, I Confess, and soon began turning out dozens of pulp magazines, which included penny-a-word detective stories, articles about films, and romance books (or "smoochies" as ...
Put–call parity is a static replication, and thus requires minimal assumptions, of a forward contract.In the absence of traded forward contracts, the forward contract can be replaced (indeed, itself replicated) by the ability to buy the underlying asset and finance this by borrowing for fixed term (e.g., borrowing bonds), or conversely to borrow and sell (short) the underlying asset and loan ...
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