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In studies of prison riots, it has been found that prison riots increase as security measures are heightened (Useem & Kimball,1989). In these studies the independent variable is the heightened security.
Spot Rate
The current price in the marketplace at which a given asset, such as a currency, commodity, or security, can be bought or sold for immediate delivery.
Nominal Risk-free Return
The return on an investment without adjusting for inflation, representing the interest rate on a risk-free security.
Initial Cost
The expenditure incurred at the beginning of a project or investment, including capital investment and operational expenses when applicable.
Home Currency Approach
A method used in international finance where companies evaluate their foreign operations and transactions in their domestic currency.
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