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- September 10, 2015 at 5:50 am #270946
It has said that Per$
Spot Rate:peso 12.500-peso 12.582I wonder that, Is that $ which is stronger or Peso seeing this Spot Rate.
as us said in lecture $/pound 1.5572 means
$1.5572= 1Pound,
i cant relate the given Spot Rate as above.In Step 2 of money market hedgeing we have to convert 4819277peso into $ using Spot rate. That means we are purchasing $.Since according to you i need to divide 4819277 by 12.582 isnt it. Make me correct if im wrong Sir.
(Im confused about buying & selling $ concepts)Yes im going through the lectures, the way you teach there is just awesome.
Thank you so much for the support u have been for studying Acca papersSeptember 8, 2015 at 3:28 pm #270437Its can be solved by an equation
PE ratio * Divident Yield= (1/Divident Cover)
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