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Messages posted by: telikaramu (IV0830901) Forum Index » Profile for telikaramu (IV0830901) » Messages posted by telikaramu (IV0830901) Author Message Derivatives (Equity, Currency, Commodities) » NISM Sample Question » Go to message i think this is the correct answer Trader buys 30/3 =10 ounce & pays 1500*10 = 15000 USD. He has risk of USD depriciating so he is hedging of USD of 18000/1000 = 18 lot He sold 6 months USDINR future cintract at rs 46 & sqared it off at rs 44.So he got benefit of (46-44) =2*1000*15 = 30000. He buys gold in rs 30*22000 =66000 & sold it on 30*24000 =720000. He got benefit of 720000-660000 = 60000. (in 6 months) Total benefit during 6 minths period = 30000+60000 = 90000 Percentage real rate of return would be (90000/660000)*100% = 13.6% Forum Index » Profile for telikaramu (IV0830901) » Messages posted by telikaramu (IV0830901) Go to:  Select a forum Equity Market (IPOs, Fundamental & Technical Analysis) Derivatives (Equity, Currency, Commodities) Futures & Options Combination Strategies Mutual Funds Insurance NISM Exams NCFM Exams IRDA Exam MCCP Exam Trading & Operations (CSMP) Financial Analyst (CFMP, CFA) Risk Management (FRM-GARP) Global Certifications (CISI)

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