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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › q59 casasophobia
bpp revision kit q59 to calculate future closing rate why mid spot rate is not taken ? spot rate offer is taken part a of calculation (one in the box)
I am away from home until late tomorrow and so I do not have access to the question.
Please ask again on Monday and I will answer you then.
this is to remind you ::)
There are arguments for using either, and you would not lose marks.