Examlex
Discuss the characteristics of a personal service corporation (PSC).
Forward Rates
Interest rates or exchange rates fixed now for financial transactions that will occur at a future date.
Home Currency Approach
A method of assessing an international investment by converting all foreign currencies involved into the investor’s domestic or "home" currency.
Spot Rate
The ongoing market rate at which a certain currency is available for buying or selling for immediate dispatch.
Unbiased Forward Rate
Theoretically, a forward rate in the currencies market that is equal to the spot rate adjusted for interest rate differentials, without any prediction of future direction.
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