Examlex
The process called natural selection is sometimes also called survival selection as individuals must overcome the
Swaps
Financial derivatives where two parties exchange financial instruments or cash flows.
Gilts
Government bonds issued by the United Kingdom, considered low-risk investments since they are backed by the British government.
Unbiased Forward Rates
Interest rates or currency exchange rates that are equal to the expected future spot rates, implying no arbitrage opportunities.
Exchange Rate
The exchange rate reflecting the value of one currency compared to another.
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