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I got the same result as you for Beta .
Alpha give the higher NPV
Which hedging gave the higher return ? the forward or the money market ?
The higher return was 25.9M and the loan was 24M
I thought I did something wrong in the calculation of the money market as I ( Invest -convert then Borrow ) instead of ( Borrow -convert -Sell )
The time was very limited , I only solved 1&3 and 2(C)
Do you solve Q3 ?
The exam was fair , I am very happy , I am dreaming to get the foundamental certificate after passing f9 in Dec , I am dreaming ,I feel god will help me to achieve the objective
The exam was fair , I am very happy , I am dreaming to get the foundamental certificate after passing f9 in Dec , I am dreaming ,I feel god will help me to achieve the objective
