Examlex
The six-month forward rate is C$ 1.00 per US$.Ahmed assumes a 1,000 long position in the forward contract and his profit in six months is C$30.00.What is the spot rate in six months?
Marginal Utility
The change in satisfaction or utility that an individual gains from consuming an additional unit of a good or service.
Rock Concerts
Rock concerts are live music performances by rock bands or solo artists, characterized by energetic performances and, often, loud music.
Colas
Cost-of-living adjustments (COLAs) are automatic adjustments made to salaries, wages, or benefits to counteract the effects of inflation.
Marginal Utility
The increase in happiness or usefulness experienced by a consumer when one more unit of a good or service is consumed.
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