Hello sir,
With respect to the futures part of both questions in CMC the solution stopped after calculation of the number of contracts needed (38) while in boullain it went a step further to show the amount under hedged and overall amount received.
What was the reason for doing this with boullain and not in CMC?
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Boullain Mar 20/ CMC Sept 18
It is simply that in CMC it is almost exactly 38 contracts (38.006). The amount not hedged is so small as to be more or less irrelevant.
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