CmnCDR,
here's what I asked"
1. At exactly what AUD/USD exchange rate will CER's remaining Equity Hedges be closed out?
2. Is this based on Forward Exchange Rates or Spot Exchange Rates?
I think it is quite specific the way I have put the question. If I get vagueness then I will re-ask question one as follows:
1. At exactly what AUD/USD exchange rate will CER's LAST remaining Equity Hedge be closed out?
One can only try.....
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