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Lirio Co

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › Lirio Co

  • This topic has 3 replies, 2 voices, and was last updated 5 years ago by John Moffat.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • September 9, 2019 at 12:39 pm #545654
    toushiga
    Participant
    • Topics: 424
    • Replies: 172
    • ☆☆☆☆

    Hello Sir, For PYQ March /June 2016 Q1
    as the currency future and options and quoted Euro per Dollar, can I change it to the Dollars per Euro (which same with the spot and forward rate quoted) and do the calculation? or I must stick with the quoted currency?

    Thanks.

    September 10, 2019 at 10:38 am #545734
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54735
    • ☆☆☆☆☆

    Provided you then convert properly it is no problem.

    September 14, 2019 at 10:50 am #546134
    toushiga
    Participant
    • Topics: 424
    • Replies: 172
    • ☆☆☆☆

    1)For answer part (a) of this question
    What is the mean of the permanent shift in the exchange rate? is it mean the exchange rate fluctuate will not base on inflation but relative economic of the country?

    2)for Q1 part (b)(iv), If I can’t relate the answer to the possible issues and areas for further discussion by the BoD like what examiner write and only write the issue about the proposed finance used, will be acceptable?

    Thank you.

    September 14, 2019 at 2:34 pm #546153
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54735
    • ☆☆☆☆☆

    1. Yes (and the examiner explains this in the 4th paragraph of his answer)

    2. If you look at the marking scheme at the end of the answers, you will see the points that the examiner was requiring.

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