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Narrative:
Achondroplasia, a hereditary form of dwarfism, is an autosomal dominant disorder; however homozygous dominant individuals either die before birth or very shortly thereafter. The homozygous recessive condition is normal. A dwarf couple decide to have children. Use this information to answer the following question:
Of the children of this couple who survive, what is probability that they will be affected by achondroplasia?
Forward Contract
A customized contract between two parties to buy or sell an asset at a specified price on a future date.
Recognised Borrowings
Loans and other forms of financial debt that are acknowledged on a company's balance sheet as liabilities.
Forward Exchange Contract
An agreement between two parties to exchange a specified quantity of one currency for another at a specified exchange rate on a specified future date.
Exchange Gain
Exchange gain arises when a company holds foreign currency or transactions, and the exchange rate moves in its favor, increasing the value of the foreign currency held.
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