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Pilot q2 Alecto

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › Pilot q2 Alecto

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  • March 3, 2017 at 6:59 am #375227
    Anonymous
    Inactive
    • Topics: 16
    • Replies: 4
    • ☆

    Answer part gain on future market use 9616-9602 why not use 96.16-96.02 is it because tick size 0.01

    Same question in the option premium calculation 16.3 not 0.163 I am totally confused by the decimal

    Thanks so much

    March 3, 2017 at 10:23 am #375283
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54717
    • ☆☆☆☆☆

    The tick size is indeed 0.01 (although you never actually need to use ticks in the exam – I prefer not to).

    I do suggest that you watch my free lectures on interest rate risk management, because it is all explained in the lectures.

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