![CA FINAL SFM CLIVE CLASS 14TH Q NO.36 PART (III)](https://forum.sseiqforum.com/wp-content/uploads/2023/03/Screenshot-531-1-260x185.png)
IN QUESTION NO. 36 PART (iii) OF SFM CLASS 14TH CLASS WORK WHY DID WE USE RS. 73.4275 AS BUYING FORWARD RATE? BOTH SOLUTION AND QUESTION IS GIVEN. KINDLY HELP?
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This was a mistake in question. That rate was assumed as Spot/April ask rate for forward.
This is because we bank needs to enter into Sell buy swap on due date. That is why we sold spot and bought option forward for the month of April.
So, this spot/April? Not spot/March
I also here to ask same question …. but everyone has same doubt.
It was sort of typing mistake in the question. That is not march but april. Sir has given clarity about this in the next class.
thank you