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Money Markets
Debt instruments with maturity less than 1 year
Bond Market
debt instruuments with maturity more than 1 year
Stock/Equity Markets
shares of listed comapnies
Foreign Exchange Markets
currency pairs
Derivative Markets
future contracts, options
Commodity Markets
pork bellies, copper, etc.
Future Value
FVn = $V * (1 + R)^n
Present Value
V = FV/((1+R)^n)
Compound Annual Return
R = ((FV/V)^(1/n)) - 1
Investment Horizon
n = ln(FV/V)/ln(1+R)