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Flat price |
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Flat price (also clean price) The quoted newspaper price of a bond that does not include accrued interest. The price paid by the purchaser is the full price. |
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amp;ldquo;Our futures component of flat price—whether buying or selling—is hedged in futures, so our profit is the difference between our flat price purchase from the farmer and our flat price sale to an exporter. It tends to be a like a speculative long position in that you could have downside flat price risk if the market breaks. We should think through the pros and cons of having an individual-patient price (such as $600 per year for Crixivan) for critical drugs for poor countries -- as opposed to governments, international agencies, and others contracting to pay pharmaceutical companies a flat price to manufacture whatever amount of drug is needed for treatment programs there. |
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