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It has said that Per$
Spot Rate:peso 12.500-peso 12.582
I 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 papers
Its can be solved by an equation
PE ratio * Divident Yield= (1/Divident Cover)
