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Forward Rate : The rate quoted for delivery of foreign exchange in future at some agreed date, i.e., when the value date is more than two business days in future, is called the forward rate. A forward bank enters into a contract to buy/sell a fixed amount of foreign currency at a specified future date at a predetermined rate of exchange. The rate quoted for the transaction is the forward rate.
The date of delivery of foreign exchange in future or the maturity of a forward foreign exchange contract can be a few days, months or years in some cases. The exchange rate is fixed at the time the transaction is agreed upon. But no money actually changes hands until the maturity date. There will be a specific exchange rate for each forward maturity and each of these rates almost always will differ from today's spot exchange rate.
Types of cognitive involvement Cognitive involvement - where a person is enthused to learn all s/he can about the product. Product involvement > the consumer's stage
executive summary
This error occurs on account of interview influence in conducting an interview or wrong recording by him. By putting emphasis on a certain word or phrase in a questionnaire intervi
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Investigate the planning principles and range of tools and techniques involved in developing a general or marketing strategy (a) Select an organisation to use as a case study or
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Q. Explain about Sensory memory? Memory ranges in duration on a range from extremely short to very long term. Sensory memory comprises storage of stimuli that one mightn't ac
Prescribed Period: The amount representing the full export value of the goods exported shall be realised and be paid to the authorised dealer when it is due. The amount should be
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