Examveda

We multiply foreign revenue with rate with respect to that country is

A. Forward rate

B. Spot rate

C. Cash Flows

D. Portfolio Investment

Answer: Option B

Solution (By Examveda Team)

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.

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