Thank you very much, sir. Your lectures have helped me to a great extent. I have relied on your lectures since the very start of my ACCA journey and now this is my last paper. Thank you.
I have a slight doubt. In the FITZHARRIS CO questions, why are CALL OPTIONS even being considered when deciding whether we will exercise the option or not? If it is a BORROWING, we will only consider PUT options according to the rule, right? I don’t understand why they have taken CALL options into consideration and then they are exercised them.