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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › BPP revision kit Q.39 Nutourne
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.
‘Now’ is 30 November. The transaction takes place on 31 May, which is six months from ‘now’.
Now I got it. Thank you!
You are welcome.