Examlex
What will be the value of z after the following statements have been executed? int x = 4, y = 33;
Double z;
Z = (double) (y / x) ;
Discount
To calculate the present value of some future amount.
Future
A standardized legal contract to buy or sell a particular commodity or financial instrument at a predetermined price at a specified time in the future.
Forward Market
A marketplace for financial contracts that are agreed upon now but settled at a future date.
Premium
An amount paid in addition to a standard price, or the amount above the nominal or face value of a financial instrument.
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