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{{a|eqderiv|}}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 | {{a|eqderiv|}}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. | 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. |