Multilateral Netting : Kenduri Co (6/13) Rate issueForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › Multilateral Netting : Kenduri Co (6/13) Rate issueThis topic has 3 replies, 3 voices, and was last updated 8 years ago by John Moffat.Viewing 4 posts - 1 through 4 (of 4 total)AuthorPosts June 3, 2016 at 6:41 pm #319188 SheryarMemberTopics: 33Replies: 18☆☆When the settlement is due in 3 months then shouldnt we use 3 months forward rate, i mean why are we using spot rate?And is it necessary to use mid rate , couldnt we use bid/offer(any one)? June 3, 2016 at 7:09 pm #319196 John MoffatKeymasterTopics: 57Replies: 54628☆☆☆☆☆There is no rule as to which rate to use – that is up to the group treasurer to decide.However the last sentence of the first paragraph of the question tells you that for this question you should use spot mid-rates. June 3, 2016 at 10:19 pm #319207 hisham503ParticipantTopics: 35Replies: 55☆☆sir please describe how do we know we company have to receive and which to pay after we making the column of total recipts and payments? June 4, 2016 at 9:49 am #319271 John MoffatKeymasterTopics: 57Replies: 54628☆☆☆☆☆It is the net of the total payments as against the total receipts.AuthorPostsViewing 4 posts - 1 through 4 (of 4 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In