What Is the Difference Between Forward Rates and Spot Rates

question 87

Essay

What is the difference between forward rates and spot rates? What is the purpose of forward contracts?

---

Definitions:

Transcranial Magnetic Stimulation

A non-invasive technique that uses magnetic fields to stimulate nerve cells in the brain, often used to treat depression.

Frontal Lobotomy

A surgical procedure in which nerve pathways in a lobe or lobes of the brain are severed from those in other areas.

Atypical Antipsychotic

Atypical antipsychotics are a newer class of medication used to treat psychiatric conditions, known for having fewer side effects than traditional antipsychotics.

Phototherapy

A treatment method involving the use of light to cure or alleviate the symptoms of certain medical conditions.