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Ballistic stretching:
Spot Rate
The current price at which a particular currency can be bought or sold for immediate delivery.
Adjustment
An entry made in the accounts to correct a mistake or account for a transaction not reflected in the current financial statements.
Bonds
Bonds are debt securities issued by entities such as corporations or governments to raise funds, promising to repay the borrowed money at a specified interest rate over a set period.
Interest
The cost of borrowing money or the income earned from lending money, usually calculated as a percentage of the principal amount.
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