strikethree

linping85 Wrote:
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> if it is 80% hedged, how to calculate? under which
> circustance, we have partial hedge instead of
> fully hedged?
>
> If it is fully hedged, I think it should be
> 7%+(1.3-1.5)/1.5=-6.3% instead of -7.4%

I have never seen the total return being calculated like that. Currency return is always taken out after you have got the total return in US$