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13/02/09
14:09
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Wouldn't the currency issue already be factored into the 55% TLR?
I say that because in the 11 Dec 08 annoucement they said that due to the currency change the TLR had increased from 51.7% to 55.0%.
Interest rate hedging is interesting.
Would that be a bit like Exchange Traded Options (Call) which become worthless if they expire at a price above the market price?
How much would you slash of the Total Assets to allow for that?
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