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Hi,
I’ve been told that when we do hedging there are very different methods we can follow so the methods I am following in currency futures and in options are different to the method which they have explained in the book so I’ve got slight different answers and I’ve been told someone from ACCA that AFM is quite assumption based. so if your answer is slightly different is it still acceptable but I’m not sure if I’m doing the right thing because I don’t wanna lose marks.
For more details, I did March mock test which ACCA released, I did the hedging question.
By using Future contracts, my answer using Future contracts under my method is Payable of 6516740 Euros and answer as per ACCA is 6876782 Euros.
my number of contracts are 57 and ACCA is 55.Is this acceptable?
definitely not but you won’t lose all the marks just for the incorrect figures. how did you calcluate your contracts?
I did Payables/Contract size but the payables were in $ and contract size in Euro. I did not convert, which is the mistake i made.
In options, If I am supposed to sdo put option, but I did Call option. Will I get full marks. because the ACCA says you will still be given marks if you have followed the right method. Is that true?
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