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The results are being released the week commencing 19th October but they haven’t given an exact date yet as far as I know.
Hi Mina, I used to have this calculator and I think from memory you would enter 100 x 19 but then press the key that said xy (power of button in top right corner) and enter your learning rate as -0.3219. Press = and it should give you the correct answer
If you are referring to how to calculate the 0.3219 then you need to use the log function and your learning rate. Press log and it should show log( , enter your learning rate e.g. 0.80 if it’s 80% then close the bracket, press divide, press log again, enter 2 and then close the bracket. Your final formula should read log(0.80)/log(2) press equals
Yes my question was in relation to one adjustment that was contained within my BPP course exam, are posts of that nature prohibited? I’m sorry if you feel I have wasted your time, I was not aware that my post was being looked at by you as no response had been received. I made the post when I was unable to speak to my college tutor but as it had not been answered I asked for help next time I attended college
Hi
I asked my tutor about this at college and because it’s a cash flow hedge, the £2m is recognised as a financial asset, the £1.9m is put into reserves within OCI until the cash flow happens and the £0.1m is taken to the P/L account (via retained earnings)
Hi Mike, are you able to help with this query? I am still stuck a week after posting the question, thanks
That is what I have written in my answer, I will submit it and see if its right, thank you for your help 🙂