Nutourne CoForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › Nutourne CoThis topic has 3 replies, 3 voices, and was last updated 5 years ago by John Moffat.Viewing 4 posts - 1 through 4 (of 4 total)AuthorPosts November 14, 2019 at 9:07 am #552578 fredah1kayMemberTopics: 6Replies: 7☆Good day Sir the amount hedged using futures is CHF 12,250,000. How was this calculated? I understand that the number of contracts are 98. November 14, 2019 at 9:20 am #552590 John MoffatKeymasterTopics: 57Replies: 54644☆☆☆☆☆In future please do state which exam the question is from – I cannot remember the name of every question in every exam 🙂The number of contracts is 98. Each contract is for CHF 125,000, and therefore the total amount hedged is 98 x 125,000 = CHF 12,250,000. November 14, 2019 at 10:47 am #552595 fredahkay25ParticipantTopics: 4Replies: 5☆Thank you so much now I understand. November 14, 2019 at 3:25 pm #552646 John MoffatKeymasterTopics: 57Replies: 54644☆☆☆☆☆You are welcome 🙂AuthorPostsViewing 4 posts - 1 through 4 (of 4 total)The topic ‘Nutourne Co’ is closed to new replies.