How does a spot rate differ from a forward rate, Accounting Standards

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How does a spot rate differ from a forward rate

Response to the following questions:

1. a. What is a spot exchange rate?

b. How does a spot rate differ from a forward rate?

2. If the Japanese yen were to depreciate against the U. S. dollar, can you buy more or fewer Japanese yen with a U.S. dollar after this depreciation?

If possible, please give examples to better understand your answers.

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Accounting Standards: How does a spot rate differ from a forward rate

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Accounting Standards: How does a spot rate differ from a forward rate

Reference No:- TGS02107927

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