Examlex
Suppose that the one-year interest rate is 5.0 percent in the United States; the spot exchange rate is $1.20/€; and the one-year forward exchange rate is $1.16/€. What must one-year interest rate be in the euro zone to avoid arbitrage?
Foul Ball
In baseball, a ball hit outside the field of play boundaries, not counting as a strike unless there are less than two strikes.
Baseball Game
A competitive sport involving two teams, where players take turns batting and fielding, aiming to score runs by hitting a ball and running bases.
Prank
A mischievous act intended for amusement, often at the expense of others.
Sue
To initiate legal proceedings against an individual or entity, typically to seek remediation for a grievance or injury.
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