Dear Sir
I switched the currency around to work in 1.4 instead of 0.6....My answers were very close..Is that OK/
Also the second part of the question they refer to futures we sold....I thought the rule was if you were buying in the contract currency you buy futures and seeing the net payment was in Euros and the contract price was Eu, then surely you would buy futures. My net effect was close but not exact as i did 1/.65...??
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BPP Mock 1 Q2
7y ago#1I have no idea which currency you are talking about - where are you getting 0.6 from??
I think you must have a different edition of the Revision Kit. Q2 Mock exam 1 in my book is a question called Retilon plc
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