• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Free ACCA & CIMA online courses from OpenTuition

Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

  • ACCA
  • CIMA
  • FIA
  • OBU
  • Books
  • Forums
  • Ask AI
  • Search
  • Register
  • Login
  • ACCA Forums
  • Ask ACCA Tutor
  • CIMA Forums
  • Ask CIMA Tutor
  • FIA
  • OBU
  • Buy/Sell Books
  • All Forums
  • Latest Topics

20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for September 2025 exams.
Get your discount code >>

june 14

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › june 14

  • This topic has 3 replies, 2 voices, and was last updated 10 years ago by John Moffat.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • May 11, 2015 at 2:47 pm #245267
    student07
    Member
    • Topics: 193
    • Replies: 162
    • ☆☆☆

    Sir I was listening to your lecture on solution of this question 1, just wanted to know is it correct if i calculate locking rate like (1.0659-1.0647)/3=.0004
    1.0647+.0004=1.0651
    Thanks

    May 11, 2015 at 4:22 pm #245289
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54724
    • ☆☆☆☆☆

    That’s fine 🙂

    May 11, 2015 at 10:23 pm #245352
    student07
    Member
    • Topics: 193
    • Replies: 162
    • ☆☆☆

    Thank you sir. One more thing i wanted to adk is basis risk always in minus or does it matter minus or plus as in most of your example its minus ,and is it correct we will always deduct unexpired risk. Thanks

    May 12, 2015 at 6:57 am #245391
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54724
    • ☆☆☆☆☆

    It could be either – the way to decide is to remember that the spot rate and the futures price get closer together over time. So the lock-in rate will always be between the current spot and the current futures price.

  • Author
    Posts
Viewing 4 posts - 1 through 4 (of 4 total)
  • You must be logged in to reply to this topic.
Log In

Primary Sidebar

Donate
If you have benefited from our materials, please donate

ACCA News:

ACCA My Exam Performance for non-variant

Applied Skills exams is available NOW

ACCA Options:  “Read the Mind of the Marker” articles

Subscribe to ACCA’s Student Accountant Direct

ACCA CBE 2025 Exams

How was your exam, and what was the exam result?

BT CBE exam was.. | MA CBE exam was..
FA CBE exam was.. | LW CBE exam was..

Donate

If you have benefited from OpenTuition please donate.

PQ Magazine

Latest Comments

  • ParthivP on FA Chapter 5 Questions IAS 37 – Provisions, Contingent Liabilities and Contingent Assets
  • Ken Garrett on Marketing – ACCA Accountant in Business (AB)
  • Relebohile10 on CIMA P2 Chapter 1 Test
  • AhmedRiflan on Business Documentation – ACCA Financial Accounting (FA) lectures
  • AhmedRiflan on Marketing – ACCA Accountant in Business (AB)

Copyright © 2025 · Support · Contact · Advertising · OpenLicense · About · Sitemap · Comments · Log in