Past Exam Dec 2011Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › Past Exam Dec 2011This topic has 1 reply, 2 voices, and was last updated 10 years ago by John Moffat.Viewing 2 posts - 1 through 2 (of 2 total)AuthorPosts May 31, 2014 at 2:32 pm #172123 laengjeiMemberTopics: 24Replies: 19☆Question 2 (b)1. Under the section of using collar, interest rates decrease by 0.5% to 2.8%:Assume that the future price is 95.50, then the put option will be exercise, will the calculation change to “gain on exercise” by (50 x 25 x 37)? May 31, 2014 at 5:43 pm #172176 John MoffatKeymasterTopics: 57Replies: 54500☆☆☆☆☆Yes it would.(However you would be wrong in this question to assume that the futures price is 95.50.)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