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Mutual Funds Time value of money Floating Exchange Rates Stock Exchange
Professionally managed collective investment vehicle that pools money from many investors to purchase securities. The time value of money is the value of money with a given amount of interest earned or inflation accrued over a given amount of time. Type of exchange rate regime wherein a currency’s value is allowed to fluctuate according to the foreign exchange market. A stock exchange is a form of exchange which provides services for stock brokers and traders to trade stocks, bonds, and other securities.