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Boullain Mar 20/ CMC Sept 18

NNick5y ago
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?
John MoffatJohn MoffatTutor5y ago#1
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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