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Foreign Exchange Risk

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FM Exams › Foreign Exchange Risk

  • This topic has 3 replies, 2 voices, and was last updated 10 years ago by John Moffat.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • May 16, 2015 at 10:01 pm #246456
    sarcastic
    Member
    • Topics: 3
    • Replies: 8
    • β˜†

    Hi there, I’ve this problem –

    The current spot rate for the Dollar /Euro is $/€ 2.0000 +/- 0.003. The dollar is quoted at a 0.2c premium for the forward rate.

    What will a $2,000 receipt be translated to at the forward rate?

    Can you plz give me the answer with details working ???

    Thank You πŸ™‚

    May 17, 2015 at 9:19 am #246509
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54755
    • β˜†β˜†β˜†β˜†β˜†

    You have asked this in the other F9 forum as well, and I have answered you there πŸ™‚

    May 17, 2015 at 10:06 am #246524
    sarcastic
    Member
    • Topics: 3
    • Replies: 8
    • β˜†

    didn’t know exact procedure to ask….. πŸ™ thanks though

    May 17, 2015 at 11:26 am #246535
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54755
    • β˜†β˜†β˜†β˜†β˜†

    No problem. This forum is for students to help each other. The Ask the Tutor Forum is when you want me to answer πŸ™‚

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    Posts
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