I’m having problem with entering the formula into my calculator, I have a Casio fx-83GT PLUS
I have my exam coming up on Wednesday and it would be really helpful to know which buttons to *** and which order!
I’m doing a different question, where the details are as follows:
Transaction cost is $30
Variance of cash flow is $270,000
Daily interest rate is 0.025%
I think it’s just the 1/3 that’s throwing things out, not sure which button to press!
The spread should come out to $8,689
I know the formula as it's given in the ACCA study material, just need to know how to use my calculator!
I hope someone can help