MJ2017Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › MJ2017This topic has 3 replies, 2 voices, and was last updated 6 years ago by John Moffat.Viewing 4 posts - 1 through 4 (of 4 total)AuthorPosts November 19, 2018 at 1:00 pm #485229 alpha2006MemberTopics: 19Replies: 18☆Hello John…I would like you to clear my doubt on question 3 Buryecs co. I want to know why the receipt of $7,500 was treated as put options rather than call option.Thanks. November 19, 2018 at 2:20 pm #485238 John MoffatKeymasterTopics: 57Replies: 54479☆☆☆☆☆They are receiving $’s and therefore they will be selling $’s (to buy €’s).The options are quoted in $’s per €, and therefore they want the option to sell $’s which is a put option.Have you watched my free lectures on foreign exchange risk management? November 19, 2018 at 3:49 pm #485247 alpha2006MemberTopics: 19Replies: 18☆Thanks alot John… I watch it … November 20, 2018 at 7:23 am #485289 John MoffatKeymasterTopics: 57Replies: 54479☆☆☆☆☆You are welcome 🙂AuthorPostsViewing 4 posts - 1 through 4 (of 4 total)The topic ‘MJ2017’ is closed to new replies.