CMC Co

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September 3, 2019 at 10:52 am #544456
toushiga
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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
September 3, 2019 at 2:07 pm #544488
John Moffat
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Yes – it would be correct 🙂
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