- This topic has 1 reply, 2 voices, and was last updated 1 day ago by
.
Viewing 2 posts - 1 through 2 (of 2 total)
- Posts
Hello Sir,
The marking scheme awards one mark for the premium calculation.
But instead of calculating each dollar amount separately, would it be acceptable to keep everything in % terms first (eg. 3.5% + 0.38% ? 0.193%). Then apply the final % once to the amount (144 contracts × $500,000 × 3/12 × 3.69%).
Would this still earn the premium calculation mark?
Thank you for your guidance.
Viewing 2 posts - 1 through 2 (of 2 total)
- You must be logged in to reply to this topic.