F9 – Risk Managment

This topic has 1 reply, 2 voices, and was last updated 11 years ago by muriela.

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December 1, 2014 at 8:12 pm #215452
bhavi1
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- Topics: 3
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Hi please can you help me on a query in the BPP Revision kit

Question 92.5 – Payment

why have they used the high spot rate of $2.00

Question 94 – Payment

Why have the used the low rate spot rate of 12.500 Pesos

Please can you let me know

Thanks

Bhavna
December 1, 2014 at 8:56 pm #215531
muriela
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- Topics: 2
- Replies: 6
In 92.5 if they would use 1$ rate to € it would also low spot rate. Notice they are using1€ to $ in hope we will be more confused.
Magda
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