AAFM Chartered Wealth Manager (CWM) Certification Level II Examination CWM_LEVEL_2 Question # 343 Topic 35 Discussion

AAFM Chartered Wealth Manager (CWM) Certification Level II Examination CWM_LEVEL_2 Question # 343 Topic 35 Discussion

CWM_LEVEL_2 Exam Topic 35 Question 343 Discussion:
Question #: 343
Topic #: 35

Section B (2 Mark)

An investor is bearish about ABC Ltd. and sells ten one-month ABC Ltd. futures contracts at Rs.5,00,000. On the last Thursday of the month, ABC Ltd. closes at Rs.510. He makes a _________. (assume one lot = 100)


A.

Profit of Rs. 10,000


B.

Loss of Rs. 10,000


C.

Loss of Rs. 5,100


D.

Profit of Rs. 5,100


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.