The spot rate is a term used to identify the current rate of exchange between two currencies.
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The spot rate is a term used to identify the current rate of exchange between two currencies. What term is used to identify the rate of exchange at some date in the future?
How are contracts for future exchanges of currencies used by businesses?
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Financial Accounting A Decision Making Approach
ISBN: 9780471328230
2nd Edition
Authors: Thomas E. King, Valdean C. Lembke, John H. Smith
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