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Exam CWM_LEVEL_2 All Questions
Exam CWM_LEVEL_2 All Questions

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AAFM Chartered Wealth Manager CWM_LEVEL_2 Question # 246 Topic 27 Discussion

CWM_LEVEL_2 Exam Topic 27 Question 246 Discussion:
Question #: 246
Topic #: 27

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


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