Bpp f9 revision kit Q298Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FM Exams › Bpp f9 revision kit Q298This topic has 3 replies, 2 voices, and was last updated 6 years ago by John Moffat.Viewing 4 posts - 1 through 4 (of 4 total)AuthorPosts May 31, 2018 at 11:33 am #455071 meghaarora1MemberTopics: 10Replies: 7☆In the solution, hey have specified that the receipt of $500000 need not be hedged. Why is this so? May 31, 2018 at 4:07 pm #455117 John MoffatKeymasterTopics: 57Replies: 54353☆☆☆☆☆You only hedge is there is risk of exchange rates changing.Since the company uses the $ as its currency, and since the receipt is 500,000 $’s, then exchange rate movements are not relevant!!!It is only the euro payments and receipts that have risk. May 31, 2018 at 4:13 pm #455119 meghaarora1MemberTopics: 10Replies: 7☆Got it. Thank you 🙂 May 31, 2018 at 4:30 pm #455129 John MoffatKeymasterTopics: 57Replies: 54353☆☆☆☆☆You are welcome 🙂AuthorPostsViewing 4 posts - 1 through 4 (of 4 total)The topic ‘Bpp f9 revision kit Q298’ is closed to new replies.