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Hi sir,
May I ask for Section B Q16 of the Dec 2016 paper (pg 293 of BPP Kit), why do we not need to divide the interest rates used by 2?
The question stated six-month interest rates as 4% (Borrow Dinars) and 0.5% (Deposit dollars). But why do we not use 2% and 0.25% instead?
Thank you in advance!
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