I'm trying to calculate the example. And I think I have it right. However i don't quite get the right answer as per example.
if i take the pv of the yen it's 1109. divide it by 110 then you get $10.08(181818).
If you subtract $9.68 i'm getting $0.40 (or if you use the unrounded number you would get $0.40181818)
I'm however not able to reproduce the $0.39 as per example. Am I omitting something or is there a typo in the example?
if i take the pv of the yen it's 1109. divide it by 110 then you get $10.08(181818).
If you subtract $9.68 i'm getting $0.40 (or if you use the unrounded number you would get $0.40181818)
I'm however not able to reproduce the $0.39 as per example. Am I omitting something or is there a typo in the example?
