Treasury and Avanced Risk ManagementForums › ACCA Forums › ACCA AFM Advanced Financial Management Forums › Treasury and Avanced Risk ManagementThis topic has 1 reply, 2 voices, and was last updated 9 years ago by elomi.Viewing 2 posts - 1 through 2 (of 2 total)AuthorPosts October 25, 2015 at 12:56 pm #278848 mtikamaMemberTopics: 5Replies: 3☆In Kaplan Revision Kit Question 21on Lammer PLC . How was the premium in $ was calculated. $17,575, $25,769 and $38,891 October 29, 2015 at 10:41 pm #279630 elomiMemberTopics: 4Replies: 17☆Hello,What I got as Premium in USD is $17,219, $25,769 and $38,891. I calculated Premium as follows:1.8800 = 19 x 31,250 = 593,750 x (2.96/100) = $17,219 1.9000 = 19 x 31,250 = 593,750 x (4.34/100) = $25,769 1.9200 = 19 x 31,250 = 593,750 x (6.55/100) = $38,891Please, note that the Strike Price is in Cent hence the need to convert it by using 100 unit of Cents in $1.00.Should you have any further questions please, you can email me at asmoh270@outlook.com.Thanks and best regards.Mohammed T. ElomiAuthorPostsViewing 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