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KYT 6/99

This topic has 4 replies, 2 voices, and was last updated 7 years ago by John Moffat.

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February 1, 2017 at 2:44 pm #370530
bilalahmad99
Member
- Topics: 48
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Hello sir,
BPP current 2017 Kit question no 56:
A (iii): calculating hedge efficiency 56238/74194 Can’t get where denominator comes from ? Please advice. Thank you
February 1, 2017 at 3:11 pm #370545
bilalahmad99
Member
- Topics: 48
- Replies: 53
On my calculator its 74’247 which is coming theres no rounding errors aswell.
February 1, 2017 at 4:32 pm #370595
John Moffat
Keymaster
- Topics: 57
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At the current spot rate, the 140M converts to 140M/128.15 = 1092470.
At the spot rate on the date of the transaction it converts to 1166667
The difference is 74197
February 1, 2017 at 5:18 pm #370623
bilalahmad99
Member
- Topics: 48
- Replies: 53
Thank you sir. Brilliant
February 2, 2017 at 7:38 am #370708
John Moffat
Keymaster
- Topics: 57
- Replies: 54500
You are welcome 🙂
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