Nearest whole number in NOC

AFM

37.51 we consider 37 because no need to extra hedge, but if they not mention then should we do round off also same or go with decimal ( in terms of numbers of contract.?) [Video Time Stamp: 00:02] Video Details ------------- Advanced Financial Management - AFM Foreign Exchange Exposure and Risk Management #108. Illustration # 63 - Invoicing decision

Vinod Kumawat

CA Final

★ 2K+

16-Apr-26 13:44

166

Answers (3)

Best Answer

Usually they will mention. If they do not then solve under both alternatives round up and round down.

Sriram Somayajula

Admin

16-Apr-26 14:10

Hi sir, in exam are we expected to solve under round up and round down or take the nearest value?

Jayanth

CA Final

★ 6K+

22-Jun-26 16:44

Jayanth

Hi sir, in exam are we expected to solve under round up and round down or take the nearest value?

Usually round up is preferred. If question talks about unhedged portion being left out then round down

Sriram Somayajula

Admin

23-Jun-26 06:52