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When the relation of the forward rate to the spot rate is determined by a comparison of the short-term interest rates in the two centres in the manner just described, the forward rate is said to be at "interest parity".
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Those loans had been at interest rates of 14 percent to 18 percent, and would have reduced the workers' individual settlement amounts by from $78.23 to $2,300, on average.
The original loan might be at 30 percent interest; the third one might be at 200 percent.
Which vital interest was at stake in Vietnam?
"Too great a national interest is at stake.
Politicians' interests are at stake.
But powerful interests are at stake.
Our national security interests are at stake.
The only difference, it seems, is whose interests are at stake.
But self-interest is at stake as well.
American officials agree that vital interests are at stake.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com