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6/08 asteroid systems

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › 6/08 asteroid systems

  • This topic has 3 replies, 2 voices, and was last updated 11 years ago by AvatarJohn Moffat.
Viewing 4 posts - 1 through 4 (of 4 total)
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  • March 19, 2015 at 10:12 am #233284
    Avatarstudent07
    Member
    • Topics: 193
    • Replies: 162
    • ☆☆☆

    Sir can u please tell me from where have they got the figure 1.6244 ,i think this is spot rate but how did this figure came. Thanks

    March 19, 2015 at 1:32 pm #233354
    AvatarJohn Moffat
    Keymaster
    • Topics: 57
    • Replies: 54839
    • ☆☆☆☆☆

    It is from the bid offer spread.

    The table gives the mid-point (1.6242). The buy and sell rates are the bid/offer and are 1.6239 and 1.6244.

    I would not worry about it because this was in the time of the previous examiner. One of the reasons that he is no longer the examiner is because of things like this. The new examiner does not do this sort of thing (and the new examiner took over in 2010).

    March 19, 2015 at 2:48 pm #233361
    Avatarstudent07
    Member
    • Topics: 193
    • Replies: 162
    • ☆☆☆

    Thank u sir.

    March 19, 2015 at 5:54 pm #233379
    AvatarJohn Moffat
    Keymaster
    • Topics: 57
    • Replies: 54839
    • ☆☆☆☆☆

    You are welcome 🙂

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