Hope you all are progressing well with your studies.
Quick question; There are quite a few formulas in Level 2 which involve base v counter rates (e.g. relative PPP, IR Parity etc) and I seem to remember one of them having the base rate on the top instead of the bottom like the rest of them.
Is someone able to tell me quickly which one that was because everything is starting to look the same?
Thanks heaps and good luck!