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Lurgshall Co

This topic has 3 replies, 3 voices, and was last updated 4 years ago by John Moffat.

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March 19, 2020 at 6:41 pm #565442
Saleem P K
Participant
- Topics: 2
- Replies: 0
Dear Sir,
While calculating number of contracts required, why 6/3 is used?
March 20, 2020 at 2:33 pm #565478
John Moffat
Keymaster
- Topics: 57
- Replies: 54500
We multiple by 6 because the loan will be for 6 months. We always divide by 3 because they are always (in the exam) 3 month futures.
The reason for this (and all the other ‘rules’) is explained in detail in my free lectures on interest rate risk management.
March 20, 2020 at 3:45 pm #565482
t20t
Participant
- Topics: 0
- Replies: 16
What we need to get distinction in this paper
OT notes +lectures + revision kit are sufficient ?
March 21, 2020 at 5:40 am #565496
John Moffat
Keymaster
- Topics: 57
- Replies: 54500
Yes, provided you also read all of the technical articles on the ACCA website.
(In future, please start a new thread when it is a different topic – your post has nothing to do with the question Lurgshall Co).
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