Skip to content
ACCA exam results — Are you ready?Chat about it >>

Ask the Tutor ACCA AFM

Dec 2013 q2

GGoh11y ago
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~
Mmuneebnawaz9011y ago#1
3v7 means investment required in 3months time and for 7-3 = 4 months
GGoh11y ago#2
How to know investment required in three months time?
GGoh11y ago#3
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~
John MoffatJohn MoffatTutor11y ago#4
Thats correct :-)
Sign in to reply to this topic.