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Futures gain loss

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › Futures gain loss

  • This topic has 6 replies, 2 voices, and was last updated 8 years ago by John Moffat.
Viewing 7 posts - 1 through 7 (of 7 total)
  • Author
    Posts
  • November 25, 2016 at 2:17 pm #351412
    dewan
    Member
    • Topics: 22
    • Replies: 167
    • ☆☆

    John if i use the method you used In your lectures for calculating gain or loss on interest rate futures which are:
    Opening futures minus closing futures divided by 400 into number of contracts into contract size am i going to get full marks or i will required by examiner to say why i am dividing by 400.
    Thank you

    November 25, 2016 at 2:31 pm #351422
    dewan
    Member
    • Topics: 22
    • Replies: 167
    • ☆☆

    And i find the premium cost by dividing the premium by 400 and multiplying by contract size and into number of contracts is it necessary to exPlain why i am dividing by 400.
    Thanks

    November 27, 2016 at 4:29 am #351749
    dewan
    Member
    • Topics: 22
    • Replies: 167
    • ☆☆

    Hi john.Are you ok sir?

    November 27, 2016 at 5:56 am #351764
    dewan
    Member
    • Topics: 22
    • Replies: 167
    • ☆☆

    John please kindly check my above 2 queries.Thanks in advance.

    November 27, 2016 at 6:11 am #351777
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54696
    • ☆☆☆☆☆

    You do not need to say why you divide by 400 – it is the normal rule.

    November 27, 2016 at 7:26 am #351786
    dewan
    Member
    • Topics: 22
    • Replies: 167
    • ☆☆

    Ok sir.Thanks a lot.

    November 27, 2016 at 10:43 am #351851
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54696
    • ☆☆☆☆☆

    You are welcome 🙂

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Viewing 7 posts - 1 through 7 (of 7 total)
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