Sir,
For PYQ June 2014 Q1 (a)
The answer under "using future contract"
The expected payment is using the full amount of US 5,060,000 rather than based on 38 contracts.If I using the contract size to calculate the expected payment, will it be still correct?
Thanks
Ask the Tutor ACCA AFM
CMC Co
Yes - it would be correct :-)
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