Concept of spot-forward pricing parity relationship
Question 1: Illustrate the concept of "Spot-Forward pricing parity" relationship with a numerical example.
Question 2: What are the implications of this for Foreign Exchange Market?
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FAS 8 established guidance for foreign currency translation accounting.
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Explain the policies used in reflecting in the financial statements the impact of changes in foreign exchange rates.
Illustrate the concept of "Spot-Forward pricing parity" relationship with a numerical example.
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