Dear Sir/Ma'am,

If the current price of a share is Rs. 100/- (Beta 1.1 with Sensex) and a person has purchased 1000 shares. How can he perfectly hedge the situation by selling index futures. Index futures is avialble at 4500 index points and one contract of futures comprises at 50 units.

My major concern in this question is how to compute the value of one unit of index.

Pls. do reply and advise me on calculation of value of one unit of index.

Regards

Pankaj Gupta

Sir,

i m eligible to write my exams in MAy 08. I had some level of confidence till dec 07. but now i ve lost all my confidence. if i start preparing now can i finish it within mAY 08... how can i frame my study plans... plz help me out..

Hai iam Srikanth i have passed CA foundation in 1998, i have cleared CA pe-2 group 2 in 2006 may .can i appear for 2008 may pe-2 gr-1 exam?.as it is last attempt for me if i dont clear it in 2008 may what is the procedure for appearing pcc. i would be very thankfull if you provide me the information
Thanks.

I m student of PCC.My 18 months will complete on 5th jan,08.My Q.is whether 3 months that I will take for study will couned in my leave?

Dear Sir/Ma'am,

I need help in calculating the fwd rate when swap points are given. I have read that when Swap points are in increasing order, we need to add the same to spot rate to arrive at fwd rate and vice versa. BUT i hv realised that it's not so.

Consider following example:

Bid - Ask

Spot Rate : Rs./USD >> 40 - 45

USD intt rate >> 8%, India Intt Rate >> 10%

Thus applying IRPT, the fwd rate should be Rs./USD >> 40.74 - 45.83

Swap points are : 0.74/0.83.(increasing order.)

Now, if intt rates are changed as USD intt rate>> 10%, India intt rate>> 8%

then fwd rate should be Rs./USD >> 39.27 - 44.18

Swap points are : 0.73/0.82 (again in increasing order)

From above, it is concluded that swap pts. are not always added to spot when in increasing order.

Further, which situation can lead to swap points in decreasing order and what should be done in that situation?

Pls. advise.

Regards

Pankaj Gupta

what materials will provide complete coverage of syllabus for group 1 in pe2

Dear Sir/Ma'am,

I am preparing for May 08 exams.Request you to pls. provide me the soft copy for preparation of the MAFA Theory (important & expected questions)as well as Problems & Solutions for MAFA.

Pls. help and oblige!!!!

Pankaj_1512@yahoo.co.in

Hey hi....
I am appering for CA- Final exams in May 08 and now on examination leave.....
So prima facie have started with the studies but its too directionless and unable to set targets and sequence in which i sd do the ppration of the subjects......
am still not very sure about whether sd i do number of subjets (2-4) daily or do a subjets at a time and sd i go for theory subjets first or practical ones.........
plz plz someone plz guide me .......
looking fwd for reply.......
thnkx

i need nov 2007 attempt examination papers of CA PCC.
thank u

hi
i need nov 2007 attempt examination papers of CA final.
thank u