- This topic has 1 reply, 2 voices, and was last updated 1 year ago by .
- You must be logged in to reply to this topic.
PQ Awards Nominations
Please help us to win one of the PQ Magazine awards and send in the voting form >>
You can nominate us in any or all of the following categories: Online College of the Year, Study Resource of the Year, Private Sector Lecturer of the Year, and Accountancy Personality of the Year.
Specially for OpenTuition students: 20% off BPP Books for ACCA & CIMA exams – Get your BPP Discount Code >>
Have a doubt in BPP Interest rate risk (chapter 20)
4.2.2. Example Forward rate agreement
My doubt is why are we locking in to a rate of 6% (relevant FRA rate) instead of 6.25% (which is the current 6 month FRA rate)?
I do not have the BPP Study Text, only the Revision Kit, and so I cannot help you.
(If you are watching our free lectures then you do not really need the Study Text. The essential book is the Revision Kit because it is full of past exam and other exam standard questions for practice, which is vital to passing the exam.)