Lammer PLCForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › Lammer PLCThis topic has 3 replies, 2 voices, and was last updated 6 years ago by John Moffat.Viewing 4 posts - 1 through 4 (of 4 total)AuthorPosts November 23, 2017 at 7:05 pm #417676 jaleahMemberTopics: 2Replies: 6☆Hi John, please assist.3 months forward 1.9066-1.9210 1 year forward 1.8901-1.8945 This is for a $ payment.How do i calculate 5 month’s rate?Thank you November 24, 2017 at 8:37 am #417751 John MoffatKeymasterTopics: 57Replies: 54448☆☆☆☆☆You apportion linearly between the 3 month and the 12 month forward rates.There is 9 months difference between them, so you take the 3 month rate and add on 2/9 of the difference between the rates so as to get a 5 month rate. November 28, 2017 at 1:07 pm #418632 jaleahMemberTopics: 2Replies: 6☆Thank you John. Much clearer.. November 28, 2017 at 2:18 pm #418674 John MoffatKeymasterTopics: 57Replies: 54448☆☆☆☆☆You are welcome 🙂AuthorPostsViewing 4 posts - 1 through 4 (of 4 total)The topic ‘Lammer PLC’ is closed to new replies.