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In this question I have tried to calculate the daily losses using the method in your lectures rather than using ticks as below:
1 March:
81 x 200,000 x (1.1410 – 1.1422)/400 = -48.62 March:
81 x 200,000 x (1.1418 – 1.1410)/400 = 32.4And so on…
However these are not the figures calculated in the solution. Please could you explain where I am going wrong with this method.
Thanks
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