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Forums › ACCA Forums › ACCA FM Financial Management Forums › question in Risk Management
if spot rat $:£ 1.9500+-.035 and € :£ 1.2500+- .0275
a) € 300000 receipt is transfered to our £ bank account .
b) £ 400000 receipt is to be transferred in to our $ bank account
c) $ 250000 payament is to be paid from our £ bank account
d) £ 100000 payments is to be paid from our € bank account
required what are the value of the transactions ?
Can you give the source of the question?
Also does it specify the currency to be used in the answer?
not specify the curency i got this question from LSOFB in the exam not 2009 ( intrective stuyding .