Question 2b
Examiners Report

In part (b), the candidates were asked to estimate additional finance required for an investment, given that the dollar income could be invested for two months. Here the candidates needed to estimate a future spot rate in six months time.

Part (b) was adequately done although few candidates calculated and employed a future spot rate to assess the future amount required.

We use cookies to help make our website better. We'll assume you're OK with this if you continue. You can change your Cookie Settings any time.

Cookie SettingsAccept