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BPP revision kit Q.39 Nutourne

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › BPP revision kit Q.39 Nutourne

  • This topic has 3 replies, 2 voices, and was last updated 3 years ago by John Moffat.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • May 31, 2022 at 12:41 pm #656950
    Ron123
    Participant
    • Topics: 72
    • Replies: 93
    • ☆☆

    Hi, I would like to ask, the sample answer uses the 6 months forward, instead of 3 months forward… please may I know whether this is because the case scenario states that the treasury department intends to hedge the foreign exchange risk using traded futures or options as far as possible?

    Thank you.

    May 31, 2022 at 3:17 pm #656968
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54700
    • ☆☆☆☆☆

    ‘Now’ is 30 November. The transaction takes place on 31 May, which is six months from ‘now’.

    June 8, 2022 at 1:31 pm #657928
    Ron123
    Participant
    • Topics: 72
    • Replies: 93
    • ☆☆

    Now I got it. Thank you!

    June 8, 2022 at 3:30 pm #657949
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54700
    • ☆☆☆☆☆

    You are welcome.

  • Author
    Posts
Viewing 4 posts - 1 through 4 (of 4 total)
  • The topic ‘BPP revision kit Q.39 Nutourne’ is closed to new replies.

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