Q's 69liggnum bppForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › Q's 69liggnum bppThis topic has 1 reply, 2 voices, and was last updated 6 years ago by John Moffat.Viewing 2 posts - 1 through 2 (of 2 total)AuthorPosts August 25, 2018 at 4:41 pm #469404 adurichMemberTopics: 127Replies: 120☆☆☆In the lignum Q’s they are using interest rate parity to determine forward ..but why do they divide it by 3 on both sides …the receival is in 4 months August 26, 2018 at 6:43 am #469446 John MoffatKeymasterTopics: 57Replies: 54454☆☆☆☆☆There are 12 months in a year.4 months is 4/12 which is the same as 1/3 !AuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In