BPP Black Friday sale! (28 Nov-1 Dec)

40% discount on all BPP books specially for OpenTuition students!
Get it here >>

revision mock exam opentution

This topic has 3 replies, 2 voices, and was last updated 4 years ago by John Moffat.

Viewing 4 posts - 1 through 4 (of 4 total)

Author
Posts
June 12, 2021 at 4:21 pm #625105
Frooti
Participant
- Topics: 92
- Replies: 83
Please explain q29 , why they used both rates why not only of second year
June 13, 2021 at 8:41 am #625129
John Moffat
Keymaster
- Topics: 57
- Replies: 54789
The questions appear at random from a large bank of questions (as in the real exam) and so question 29 will be different each time you attempt the test.
So you need to tell me the first line of the question for me to know which question you are referring to.
June 13, 2021 at 9:52 am #625148
Frooti
Participant
- Topics: 92
- Replies: 83
Julia is based in country that uses euro ……..on this basis of forecast of inflation rate , what should be spot rate in two year’s time
June 13, 2021 at 2:57 pm #625169
John Moffat
Keymaster
- Topics: 57
- Replies: 54789
The exchange rate in one years time is calculated using the inflation rates for the first year.
The exchange rate one year after that (i.e. in two years time) is calculated using the exchange rate in one years time and applying the inflation rates for the second year.
Author
Posts

Viewing 4 posts - 1 through 4 (of 4 total)

You must be logged in to reply to this topic.