What are some examples of permanent and temporary investments in current assets?
What will be an ideal response?
Question 2
Which of the following is true?
A) The forward rate is the same as the spot rate that will prevail in the future.
B) The future spot rate is equal to the forward rate less the current spot rate.
C) The future spot rate is the current spot rate increased by the inflation rate.
D) The actual spot rate that will prevail in the future is not known today.