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.
Accountancy is the process of communicating financial information about a business entity to users such as shareholder and manager. The communication is generally in the form of financial statements that show in money terms the economic resources under the control of management; the art lies in s
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You expect the price of the stock 3 years from now to be $119.04 (i.e., you expect P ˆ 3 ?? = $119.04). Discounted at a 10% rate, what is the present value of this expected future stock price? In other words, calculate the PV of $119.04.&nb
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