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标题: 2008 AM question 11 currency hedge [打印本页]

作者: dmar    时间: 2013-4-22 07:03     标题: 2008 AM question 11 currency hedge

Answer key to part B says yen gain on $ futures is (115.7-110.77)*900 but isn’t number of contract 9000? Why times 900 (instead of 9000?) thanks
作者: willsucceed    时间: 2013-4-22 07:04

Ahhh, thanks!!!
作者: prav_Cfa7    时间: 2013-4-22 07:04

just did thios exam, the 900 is the port folio value




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