n NISM Certifications
XIII NISM Series XIII
Medium

If USDINR 3-month futures are at 60.2 and 6-month at 61.10, and expected in a month are 59.90 and 60.50 respectively, what will be the profit if the spread trade is correct?

Practice question from NISM Series XIII for SIF - Mock Test 9 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Rs 400

  2. B

    Rs 350

  3. Rs 300

    Correct answer

  4. D

    Rs 100

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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