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Call option/ put option
AFM
answered 1 hr ago
Hi sir, Base currency of which quote we should consider for deciding the call/put option ? If they would have gave spot in USD/CAD and strike prices in CAD/USD, which quote we should consider to decide call/put option ? Is it spot quote or strike price quote ?
latest answer
Spot and strike prices are given in same currency. Option premia is always quoted in quote currency only. Pls check NSE website - for USD INR 83 or 84 or 85 The premia is quoted in INR only a we are agreeing to buy and sell a dollar at 83 or 84 or 85 https://www.nseindia.com/option-chain?type=currency
B. Dinesh
CA Final
★ 3K+
1
9
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Maths & Stats
answered 5 hrs ago
Can you explain the answer of this question?
latest answer
Source : Chat Gdp
Aamina Muneera
CA Foundation
★ 0
1
16
Exam syllabus confusion
Exams
answered 1 day ago
Hello. I have cleared my Group 1 in IPCC scheme in Nov 2020. I converted to Inter in 2021 but couldn't clear Group 2. My registration expires in Aug 2025. I want to write exam in Sep 2024. What exams do I need to write now? Will I be auto converted? Under what syllabus and what exams do I need to write? Please help in clearing my confusion.
latest answer
Thank you sir. May I know is there still time for conversion? Is there a last date?
Teja Konakanchi
CA Inter
★ 985
2
43
Change in units in Part B
AFM
answered 1 day ago
Whatever units we sold we can receive money for them only, so shouldn't we compare the profits, when the units sold is 2417 and received money for 2417 units? But Now we are comparing the profits, when units sold is 2,4000 but money is received for 2,417 units, It is fundamentally incorrect right sir
latest answer
We are computing two scenarios Scenario one fixed demand and a certain price gives certain profit Scenario two increased demand due to reduction in price and we are computing this profit We are comparing profits under both scenarios One last high price low volume and other has low price and high volume Also not have diff cost composition and forex exposure That is why u should see it as scenario.
B. Dinesh
CA Final
★ 3K+
1
21
Correlation
Maths & Stats
asked 1 day ago
Please help me to solve this question. The answer is C .
latest answer
No answers yet!!
Yashasvi Pareta
CA Foundation
★ 5
0
23
Rule 88B(3) interest calculation
Indirect Taxation
asked 1 day ago
is it correct method to calculate interest calculation and reversal would done at 20/10/2022?
latest answer
No answers yet!!
sameer fahad
CA Final
★ 3K+
0
22
Change in registered office within same state shifting from jurisdiction of ROC to another
Corporate & Other Laws
asked 1 day ago
As underlined in the picture, there is a contradiction between Section 12(6) of the Companies Act and Rule 28 of the Companies (Incorporation) Rules. I am confused about both. • Section 12(6): RD Order within 30 days and filing within 60 days. • Rule 28: RD Order within 15 days and filing within 30 days. Additionally, Rule 28 talks about an order approving the alteration of the MOA for the transfer of the registered office within the same state. However as per my knowledge, the MOA does not get altered for a change within the same state, as Clause II of the MOA contains only the name of the state. Please help me clarify the doubt.
latest answer
No answers yet!!
Monisha KM
CA Inter
★ 825
0
27
Answers in Book
AFM
answered 1 day ago
Hi sir, In the book the answer for part 1 is given as 5.555 lakhs
latest answer
Pls check latest book Shared from *1FIN by Indigolearn* CA FINAL AFM P 600 + https://1fin.link/resource/c631ed476165487eb04b4477ae3986e3/0e0d1cfb2629485cb4e74ddd0c1d26b9
B. Dinesh
CA Final
★ 3K+
1
28
PGBP
Direct Taxation
answered 1 day ago
Is donation to trade association a deductible expenditure under PGBP ?
latest answer
No it is not. If it is membership fee then Yes.
Mainak Chakraborty
CA Inter
★ 0
1
31
solving part 2 using an example
AFM
answered 2 days ago
Hi sir, in part 2 USD appreciates by 3%. if we take 100 as exchange rate in the beginning of the year and (100+(100*3%)) 103 as exchange rate at the end of the year. So we had 10,000 INR, we converted into 100 USD and invested in US, then we got 3 USD as Capital gain and 3 USD as interest. So the total return is 6 USD. So the return in INR is 6*103 = 618INR and our initial investment is 10,000 INR. so the return is 618/10000 =6.18%. But we got 9.18% in part 2. Can you please give me one example for part 2 sir
latest answer
Day 0 - USDINR = 100 i.e 100 INR per USD 10000 INR give us100 USD Invest 100USD in US Market Get 3% coupon and 3% gain on value of investment ie total Return in USD = USD 6 - Year end value of investment in USD = 106 Year End USDINR Rate = 103 Year END Convert USD to INR = closing Investment value 106 USD x exchange rate 103INR per USD = INR 10918 Return = 9.18%
B. Dinesh
CA Final
★ 3K+
1
21