Forex

I really do not understand why you should be confused! If you look at the syllabus then the examiner makes it very clear that he will not ask for calculations on futures or on options (he just expects you to know what they are). He does expect you to be able to do calculations on forward rates and on money market hedging. I make all of this very clear indeed in the lectures and so I do suggest that you listen to them again.

I am surprised if Kaplan don't mention it in their text. However what I say in our lectures is correct :-)

Thank you for trusting me (and what I said is true :-) )