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Dec 2013 q2

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › Dec 2013 q2

  • This topic has 4 replies, 3 voices, and was last updated 11 years ago by John Moffat.
Viewing 5 posts - 1 through 5 (of 5 total)
  • Author
    Posts
  • November 28, 2014 at 2:30 pm #214124
    Goh
    Member
    • Topics: 9
    • Replies: 12
    • ☆

    Hi sir,

    How to choose the FRA? How to know the investment starting in three months time and finish in 7 months time??
    Can you explain the time range from the question “to receive on1 feb, which will be invested until it is required on 1 june”
    i really headache on this sentence@@

    Thanks~

    November 28, 2014 at 11:32 pm #214196
    muneebnawaz90
    Member
    • Topics: 10
    • Replies: 76
    • ☆☆

    3v7 means investment required in 3months time and for 7-3 = 4 months

    November 29, 2014 at 1:44 am #214206
    Goh
    Member
    • Topics: 9
    • Replies: 12
    • ☆

    How to know investment required in three months time?

    November 29, 2014 at 2:03 am #214208
    Goh
    Member
    • Topics: 9
    • Replies: 12
    • ☆

    I think i get it already! I have missed the sentence which state that “assume that it is 1 nov 2013”,
    So from 1nov to 1 feb, is three months~

    November 29, 2014 at 12:43 pm #214337
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54833
    • ☆☆☆☆☆

    Thats correct 🙂

  • Author
    Posts
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