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p4 Again with SOMAX PLC

Forums › ACCA Forums › ACCA AFM Advanced Financial Management Forums › p4 Again with SOMAX PLC

  • This topic has 2 replies, 2 voices, and was last updated 7 years ago by Nirrvan.
Viewing 3 posts - 1 through 3 (of 3 total)
  • Author
    Posts
  • November 17, 2013 at 6:17 pm #146484
    yared
    Member
    • Topics: 2
    • Replies: 4
    • ☆

    Hi John me again I used the average spot and forward and used IRP formula just like the book.
    Somax can borrow in Swiss at a rate between 5.75- 6%. when I used 5.75% for the Swiss rate and I end up 7.06 for UK rate unlike the book 8.25% . This is my last question but I stuck with it. Can you help me how what to do. Thx. This is how i tried it.

    2.2982=2.3273x (1+.0575/1+uk rate)

    2.2982 /2.3273 = 1.0575/1+uk rate
    1+uk rate= 1.0706
    UK rate 7.06%

    November 19, 2013 at 9:59 pm #146886
    yared
    Member
    • Topics: 2
    • Replies: 4
    • ☆

    pls anyoionne help in this quest

    December 1, 2017 at 2:35 pm #419433
    Nirrvan
    Member
    • Topics: 2
    • Replies: 11
    • ☆

    I have the same question as Yared.

    Please help.

  • Author
    Posts
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