AAFM Chartered Wealth Manager (CWM) Certification Level II Examination CWM_LEVEL_2 Question # 28 Topic 3 Discussion

AAFM Chartered Wealth Manager (CWM) Certification Level II Examination CWM_LEVEL_2 Question # 28 Topic 3 Discussion

CWM_LEVEL_2 Exam Topic 3 Question 28 Discussion:
Question #: 28
Topic #: 3

Section B (2 Mark)

A dealer sold one January Nifty futures contract for Rs.250,000 on 15th January. Each Nifty futures contract is for delivery of 50 Nifties. On 25th January, the index closed at 5100. How much profit/loss did he make ?


A.

Profit of Rs. 9000


B.

Loss of Rs. 8000


C.

Loss of Rs. 9500


D.

Loss of Rs. 5000


Get Premium CWM_LEVEL_2 Questions

Contribute your Thoughts:


Chosen Answer:
This is a voting comment (?). It is better to Upvote an existing comment if you don't have anything to add.