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13 xr basic model - PowerPoint PPT Presentation

Overview Chapters 12-17

Overview Chapters 12-17. Ch. 12: Int. Fin. Markets. Currency Trading -> Exchange Rate Time lag twix ship and receive bigger than time needed for cable transfer. Solution: commercial bill of exchange Spot vs. Forward XR: risk transferred to speculators Also: Futures, Options, Swaps.

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13 xr basic model - PowerPoint PPT Presentation

Overview Chapters 12-17