MARKET PRICE Definition

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MARKET PRICE (MARKET VALUE), for securities sold on an exchange, is the last reported price at which the securi­ties were sold. For securities sold over-the-counter (OTC), the current price of the securities in the market.

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CAPM see CAPITAL ASSET PRICING MODEL.

CAP is a series of European interest rate call options used to protect against rate moves above a set strike level.

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