Examlex
The EPA's highest standard to regulate conventional water pollutants is the best available treatment (BAT) standard.
Covered Interest Arbitrage
An investment strategy where an investor takes advantage of the interest rate differential between two countries while hedging exchange rate risk.
Nominal Risk-Free Rate
The nominal risk-free rate is the rate of return on an investment with no risk of financial loss, not adjusted for inflation.
Forward Rate
The agreed-upon interest rate for a financial transaction that will be conducted at a future date.
Net Present Value
A financial metric used to evaluate the profitability of an investment, calculated by subtracting the present value of cash outflows from the present value of cash inflows over a period of time.
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