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Massie Sep Dec 15

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › Massie Sep Dec 15

  • This topic has 1 reply, 2 voices, and was last updated 6 years ago by John Moffat.
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  • Author
    Posts
  • May 24, 2019 at 2:34 pm #517155
    bik123
    Member
    • Topics: 55
    • Replies: 79
    • ☆☆

    Hi,

    I have quick question regarding premium on interest rate option on futures. When we calculate premium which is expressed in % we assume that currency of the premium will be the currency of the option contract? Meaning that for interest rate option on futures, currency in which premium will be paid WON’T be USD always.

    So far i was always assuming when doing revision kit that premiums are in USD but I understand that in case of interest rate options it depends of the currency of contract?

    Thank you,

    May 24, 2019 at 3:47 pm #517173
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54757
    • ☆☆☆☆☆

    Yes – what you have written is correct 🙂

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    Posts
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