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6/11 casasophia

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › 6/11 casasophia

  • This topic has 0 replies, 1 voice, and was last updated 10 years ago by student07.
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  • November 30, 2014 at 3:45 pm #214774
    student07
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    • Topics: 193
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    • ☆☆☆

    Sir just wanted to make things clear abt the rate used.why r the rate used for premium payable 1.3585,can u pls explain in the same way how u did in lecture like we r buying this selling this etc.And for converting the amount not hedged we r using 1.3623 is it because € is our base currency and because we will get 20 dollar so need to sell dollar to get euro,so using sell forward of dollar am i right or any other reason. Thanks

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