A
april2105
Member
Hi,
I wonder could someone tell me why the solution assumes we're looking for a quarterly rate?
Also do we need to take into account the price quoted was for 3 years anywhere in the solution?
Sorry but my CT1 days are long gone so I'm a bit rusty on this material.
Also for part ii why do we assume the contracts cost 10,000 each?
Thanks!
I wonder could someone tell me why the solution assumes we're looking for a quarterly rate?
Also do we need to take into account the price quoted was for 3 years anywhere in the solution?
Sorry but my CT1 days are long gone so I'm a bit rusty on this material.
Also for part ii why do we assume the contracts cost 10,000 each?
Thanks!
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