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15 August 2023
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+67
Created page with "There is no such definition in the {{eqdefs}}, but there should be, for variations on the unwieldy phrase “a diluting or concentrative effect on the theoretical value of the relevant Shares” appear seven times. The issue is this: you strike an equity swap at a given price, reflecting the prevailing capital value of the shares in question, but expressed by reference to a ''number'' of Shares: say, 1,000 Tesla shares. It being a delta-one product off goes your..."
+3,776