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illustration 39 sub question i , sir why are we comparing estimated rate with current spot? anyway amount is receivable on 31st aug...so whats the point in comparing spot rate and estimate on 31st aug? comparison should be between estimate and forward arte quoted right?


nazriya nasar

nazriya nasar

CA Final

7K+

18-Apr-23 14:20

495

Answers (1)

Because in one scenario we are comparing a scenario where no hedging is done - if hedging is not done forward rate is not relevant right?


Sriram Somayajula

Sriram Somayajula

Admin

18-Apr-23 17:13

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