Examlex
The higher yields on Eurodollar deposits compared with nearly all other marketable securities, governmental or nongovernmental, with similar maturities are attributable to (1) the fact that the depository banks are generally less closely regulated than U.S. banks and are therefore more risky, and (2) some foreign exchange risk may be present.
Income Statement
A financial statement that shows a company's revenues and expenses over a specific period, culminating in net income or loss for the period.
Sales
The transactions involved in selling goods or services to customers, generating revenue for a business.
Foreign Exchange Risk
The potential for financial loss due to fluctuation in exchange rates affecting transactions in foreign currencies.
Spot Rate
The ongoing market cost at which a certain currency is being traded for instant delivery.
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