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A nurse explained that the elderly are twice as likely to die in a home fire as younger persons and therefore suggested some safety measures. Which of the following strategies would most likely have been suggested by the nurse?
Forward Trade
A financial agreement to buy or sell an asset at a predefined price on a specified future date, commonly used in foreign exchange and commodities markets.
Hong Kong Dollars
The officially recognized money in Hong Kong, known as HKD.
Forward Rate
The future interest rate agreed upon in a forward contract or derived from a forward curve, representing yield on a future investment period.
Required Rate
The minimum expected rate of return on an investment that an investor demands, taking into account the risk level of the investment.
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