OpenTuition.com Free Accountancy Education Free ACCA lectures
and course notes | ACCA AAT FIA resources and forums | ACCA
Global Community What if we calculate the profit like this:
6,000,000 pounds x 0.02 x (6/12) = 60,000 Logic: We bought the
futures for the same amount of loan then multiply it with profit
and as the profit is yearly so we multiply it with (6/12) as the
loan is for 6 months and so the profit should match the
additional expense of interest of 6 months. Does this makes
sense? THIS PAPER IS VERY CHALLENGING AND INTERESTING AS WELL.
THE LECTURE HAS REPOSED A LOT OF CONFIDENCE IN ME AND I’M SURE
THIS THIRD TIME, I SHALL BE READY. WHAT IS THE NAME OF THE
LECTURE??? CAN ANYONE TELL ME> John moffat – the same tutor who
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