[annakaba]

Danny,

I’m with in this qustion! 🙂 actually I have attempted P4 during December session, and lost my way at this moment. I even started to calculate then arrived to negative NPV, crossed outr my answer and started from the beginig. I failed that time. And it’s really pleasure to know that this is tricky not only for me 😉 Wish all of us pass it!

[annakaba]

Dear John!

Thank you very much! I’ll be carefull then with rates from BPP questions:) as for dollars and yen it’s clear what currency rate is, but I was afraid if I undertand the rule corretcly. Now I’m more confident with it. Thank you!

[annakaba]

It’s easy) thank you!

[annakaba]

Dear John!

I’m sorry for misleading you.. studing too hard to pass this paper:)

For this example Pa will be PV of k150$. And Pe will be k150$. Why do we not discount the investment that will happen in three years to get Pe?

thank you,
Anns

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