Examlex
If you add 700 kJ of heat to 700 g of water at 70.0°C, how much water is left in the container? The latent heat of vaporization of water is 22.6 × 105 J/kg.
Forward Contract
A financial derivative that represents a customized agreement to buy or sell an asset at an agreed-upon price on a specific future date.
Spot Rate
This is the current market price at which a particular currency can be bought or sold for immediate delivery.
Cash Flow Hedge
A financial strategy used to manage the risk of fluctuating cash flows due to changes in exchange rates, interest rates, or commodity prices.
Net Method
An accounting system that records transactions with their net effect, considering any discounts or allowances for prompt payment.
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