Dear Sir/Ma'am,

I need help in calculating the fwd rate when swap points are given. I have read that when Swap points are in increasing order, we need to add the same to spot rate to arrive at fwd rate and vice versa. BUT i hv realised that it's not so.

Consider following example:

Bid - Ask

Spot Rate : Rs./USD >> 40 - 45

USD intt rate >> 8%, India Intt Rate >> 10%

Thus applying IRPT, the fwd rate should be Rs./USD >> 40.74 - 45.83

Swap points are : 0.74/0.83.(increasing order.)

Now, if intt rates are changed as USD intt rate>> 10%, India intt rate>> 8%

then fwd rate should be Rs./USD >> 39.27 - 44.18

Swap points are : 0.73/0.82 (again in increasing order)

From above, it is concluded that swap pts. are not always added to spot when in increasing order.

Further, which situation can lead to swap points in decreasing order and what should be done in that situation?

Pls. advise.

Regards

Pankaj Gupta

what materials will provide complete coverage of syllabus for group 1 in pe2

Dear Sir/Ma'am,

I am preparing for May 08 exams.Request you to pls. provide me the soft copy for preparation of the MAFA Theory (important & expected questions)as well as Problems & Solutions for MAFA.

Pls. help and oblige!!!!

Pankaj_1512@yahoo.co.in

Hey hi....
I am appering for CA- Final exams in May 08 and now on examination leave.....
So prima facie have started with the studies but its too directionless and unable to set targets and sequence in which i sd do the ppration of the subjects......
am still not very sure about whether sd i do number of subjets (2-4) daily or do a subjets at a time and sd i go for theory subjets first or practical ones.........
plz plz someone plz guide me .......
looking fwd for reply.......
thnkx

i need nov 2007 attempt examination papers of CA PCC.
thank u

hi
i need nov 2007 attempt examination papers of CA final.
thank u

Sir,

I am working in muscat, and i am preparing on my own for the final exams which is scheduled in may 08. i am preparing for both the groups.

can anyone suggest me how to go about covering the entire syllabus for both groups and come out in both groups successfully in may 08

thanks in advance

Balaji S.

Hi Sir I am Hareesh from Hyderabad.I have Cleared my CA PE2 in May 06.I have done Articleship for a span of 10 months.After that due to Financial Difficulties I entered A Company.I have taken Termination from the Earlier CA.But have not joined under any other CA.Now I am planning to join A CA Firm.When Can I Write my CA Final.

is it enough if u pass in cpt.will reputed colleges prefer the top scorers

is it enough if u pass in cpt.will reputed colleges prefer the top scorers