Hie guys!! I need some help, anyone with Kaplan revision kit, there is Q20, Lammer PLC , am failing to understand how they are getting 5months forward exchange rate,
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AFMRisk Management
9y ago#1If no other students help you with this, then ask in the Ask the Tutor Forum and I will !
You prorate ... you were given the 3 month and one year forward. 5 months would be the 3 month forward plus/ minus 2/9 of the difference between the 3 month and 1 year ...
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