Are definitely the calculations suitable? I thought the netPnl needs to be constantly the same - whatever the valuation type WillWill 13344 bronze badges $endgroup$ 4 $begingroup$ Did you not say initially that $V$ is self-funding? In that situation there is not any Value to finance it plus the PnL https://knoxflqvy.blogdiloz.com/33085624/helping-the-others-realize-the-advantages-of-pnl