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August 27, 2020 at 6:18 pm #582379
tolea
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Should have asked you earlier 🙂

Thanks a lot!!!
August 27, 2020 at 4:59 pm #582358
tolea
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So if we don’t know the spot and futures price on the date of the transaction, there is no need to calculate gain/loss on futures as we use the lock-in rate has which has the net effect from futures already included.

Did I get it right?
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