To rebalance the SEK/GBP hedge, and assuming all instruments are based on SEK/GBP, Björk would buy:
- GBP 7,000,000 spot.
- GBP 7,000,000 forward to December 1.
- SEK 74,812,500 forward to December 1.
Why is it B and not A. I mean they are rebalancing the hedge now