KenduriForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › KenduriThis topic has 1 reply, 2 voices, and was last updated 5 years ago by John Moffat.Viewing 2 posts - 1 through 2 (of 2 total) AuthorPosts June 15, 2018 at 9:56 am #458822 richardscullyMemberTopics: 197Replies: 145☆☆☆I am doing some just in case studyingI notice with Kenduri option that if you take 24 options of the 1.62 you have some money left over and that more than pays the premium and therefore it is the cheapest option. The answer book doesn’t seem to acknowledge that. Am I therefore wrong? June 15, 2018 at 5:52 pm #458885 John MoffatKeymasterTopics: 56Replies: 53806☆☆☆☆☆Yes – you only have the money left over when you get the money (and only if the option is not exercised).The premium has to be paid immediately – not when the transaction happens.AuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In