Currency trading at discount or at premium in forward market
What is currency trading at discount or at premium in forward market?
Expert
Forward market includes contrasting today for future purchase or sale of foreign exchange. Forward price is quite similar to the spot price, however it is usually higher or lower in comparison to the spot price.
Project Accounting: It is sometimes termed to as job cost accounting and is the practice of making financial reports particularly designed to track financial growth of projects, which can then be utilized by managers to support project management.
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1. Somerset Ltd manufactures components for the motor industry. In one of its workshops it has three workers, Joe, Jack and Jonny, who at any one time work on batches of the same component. The standard time allowed to produce one unit is one hour. The workers rate of pay is
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