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No they explicitly state that they make an assumption that the opening futures price is the closing spot rate.
Progression rule change for Professional level exams
If you enter for exams from 6 July 2015 (September 2015 exam entry opening date) you will be able to take the Professional level exams (P1–P7) in any order, meaning you have further flexibility to structure your studies as you wish and personalise your student journey.
We would advise students who take the P7 exam to continue to take the P2 exam in advance of, or at the same time as, studying for the P7 exam.
Progression rules for the Fundamentals and Skills papers will remain in place, in order to maximise the possibility of students progressing successfully through their studies
From December 2014:
The syllabus is assessed by a two-hour paper-based
examination, and is also offered as a computerbased
examination.
The examination consists of:
Section A
– 25 x 2 mark objective test questions 50%
– 20 x 1 mark objective questions 20%
Section B
– 5 x 6 mark multi-task questions 30%
100%
All questions are compulsory.