Currency trading at discount or at premium in forward market
What is currency trading at discount or at premium in forward market?
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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.
Explain the term Agricultural business in term of Accounting?
Using the data below,prepare abbreviated income statements for the year 2003 and 2004 on cash basis. Cash receipts from sales: 2003 2004 2005 on 2003 sales $295,000 $160,000 $30,000 On 2004 sales 0 355,000 90,000 On 2005
The following information is taken from the financial statements of an entity: 20x4 20x3 Property, plant and equipment $4,600,000 $4,200,000 Accumulated depreciation (1,800,000) (1,350,000) Depreciation expense 560,000 Gain on disposal of PPE 65,000 The asset disposed of had a cost
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Briefly explain the term Discount and also describe their important types?
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Discuss briefly some of the variants of the basic interest rate and currency swaps.
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Explain why most of the international bonds have high Moody’s or Standard & Poor’s credit ratings?
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