Options
- A
+2000
- B
-1000
- C
-2000
-
Zero
Correct answer
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NSM General NISM
Medium
#NISM Series VA
A trading member buys 10 lots of April USDINR futures at 83.60 and sells 10 lots of May futures at 83.80. Settlement prices are 83.70 and 83.90. What is the MTM?
Practice question from NISM Series I - Mock Test 5 — bank. The correct answer is highlighted below with a full explanation.