Will I get full credit if for my solution I make references to cells rather than to absolute numbers? I mean instead of typing 1.95*1.08/1.02 in the cell, I type A1 (where the spot rate is located) * B1 (where the inflation in country A is located) / C1 (where the inflation of country B is located)?
How far I need to go in explaining my calculations?
Please let me know if my questions is clear enough.