basisForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › basisThis topic has 1 reply, 2 voices, and was last updated 10 months ago by John Moffat.Viewing 2 posts - 1 through 2 (of 2 total)AuthorPosts January 2, 2024 at 8:18 pm #697615 CIWWIParticipantTopics: 10Replies: 6☆In CMC co question while calculating future contact ,they have unexpired basis on transaction date in to account but in kenduri co question they havenot taken it ,why?is there any particular reason or rule when to consider unexpired basis?thank you 🙂 January 3, 2024 at 7:41 am #697636 John MoffatKeymasterTopics: 57Replies: 54470☆☆☆☆☆The basis is only relevant when using futures. There are no futures in the question Kenduri (only forward rates and options).Have you watched my free lectures on the management of exchange rate risk?AuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In