PGT Co

This topic has 1 reply, 2 voices, and was last updated 7 years ago by John Moffat.

Viewing 2 posts - 1 through 2 (of 2 total)

Author

Posts
December 3, 2018 at 6:25 am #486872
dipatil
Participant
- Topics: 56
- Replies: 104
Hi John in question PGT Co (298 BPP revision kit) can you let me know why the 500k doesnt need hedge? Thanks for the clarification!
December 3, 2018 at 7:12 am #486887
John Moffat
Keymaster
- Topics: 57
- Replies: 54858
We only need to hedge foreign currencies (because the exchange rate may change).

PGT’s home currency is the $, and the 500,000 is in $’s, and so there is no exchange rate risk.
Author

Posts

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.