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Question 13 of 30
Euro / £ 1.44
Yen / £ 232.11
USD / £ 1.71
Find Euro to $
Corrected Y1 DF
CF DF at 10% NPV
Y1 0.6 0.909 0.5454
Y2 0.6 0.826 0.4956
Y3 0.6 0.751 0.4506
Y3 (End) 10.4 7.8104
9.3020
For 4 years onward, we are calculating at the end of Y3
60(1.04) 62.4 1040 Cents or 10.40
0.1-0.04 0.1-.04
NOT SURE WHERE YOU GET 9.30 , It could well be right , but see below – this is how i would calculate and i get 8.81 – Any one able to comment
CF DF at 10% NPV
Y1 0.6 0.090 0.0540
Y2 0.6 0.826 0.4956
Y3 0.6 0.751 0.4506
Y3 (End) 10.4 7.8104
8.8106
For 4 years onward, we are calculating at the end of Y3
60(1.04) 62.4 1040 Cents or 10.40
0.1-0.04 0.1-.04
see chapter 3 of F9 Notes
see chapter of F9 Notes
Thank you so much
