Q20 derivatives cw page 194. In icai solution and sir’s solution formula to calculate no of contracts is VP*BP/F*M but shouldn’t it be VP*(BT-BP)/F*M because the previous formula is used only when target beta is 0 however in case 2 ...Read more
Q20 derivatives cw page 194. In icai solution and sir’s solution formula to calculate no of contracts is VP*BP/F*M but shouldn’t it be VP*(BT-BP)/F*M because the previous formula is used only when target beta is 0 however in case 2 and case 3 target beta is 0.5 and 1.20?