bpp kit question version 20/21 (PGT Co)Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FM Exams › bpp kit question version 20/21 (PGT Co)This topic has 1 reply, 2 voices, and was last updated 2 years ago by John Moffat.Viewing 2 posts - 1 through 2 (of 2 total)AuthorPosts October 4, 2022 at 1:50 pm #667852 hm1995ParticipantTopics: 61Replies: 15☆☆this is a section b question the question goes like this What is the cost in six months’ time of a money market hedge (to the nearest whole number)?i dont understand as to why they did not subtract the payment 300000 from the receipts of 500000 in order to calculate the cost in six months time? October 5, 2022 at 9:03 am #667889 John MoffatKeymasterTopics: 57Replies: 54500☆☆☆☆☆They are in different currencies. The 500,000 is in dollars and given that the home currency is dollars they do not need to hedge the receipt. They only need to hedge the euro payment.AuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In