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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › Forward rate difference
Dear Sir
On the contract difference I take the % of the contract and multiply it by the contract to use the figure for the balance
Eg. 94.6 contracts of 31250GBP
I say 94 contracts x 31250 and then 31250 x .6 to get the balance – for speed
is that acceptable?
Yes it is 🙂
