Q740
We multiply foreign revenue with rate with respect to that country is
A.
Forward rate
B.
Spot rate
AnswerC.
Cash Flows
D.
Portfolio Investment
Answer: Option B
Solution
Answer: Option B
Solution:
We multiply foreign revenue with rate with respect to that country is Spot rate. The spot rate is the price quoted for immediate settlement on a commodity, a security or a currency. The spot rate, also referred to as the "spot price," is the current market value of an asset at the moment of the quote.