Future rate to calcualte no of contract (MJ21)

This topic has 1 reply, 2 voices, and was last updated 2 years ago by John Moffat.

Viewing 2 posts - 1 through 2 (of 2 total)

Author

Posts
November 19, 2023 at 2:50 am #695088
phuongmore
Participant
- Topics: 131
- Replies: 128
In MJ21, Q3, the examiner use rate 0.2374 to calculate the number of contract, but as your lecture , I understand that rate 0.2378 should be used.
Please help me to explain what rate should be used ? Although the result for 2 ways is the same due to rounding, I still would like to know what rate is correct.

Thank you.
November 19, 2023 at 8:37 am #695098
John Moffat
Keymaster
- Topics: 57
- Replies: 54858
There is a logic behind using both of them and so the examiner always allows either.
Author

Posts

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.