Examlex
Which statement is incorrect?
Risk-free Rate
The theoretical return of an investment with zero risk, typically represented by the yield of government bonds of a stable country.
Spot Exchange Rate
The current price at which one currency can be exchanged for another.
Risk-free Rates
The theoretical return on an investment with no risk of financial loss, often represented by the yield on government securities like U.S. Treasury bonds.
Spot Exchange Rate
The ongoing market rate for the prompt conversion of one currency into another.
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