Question
 A trader wants to hedge their portfolio, which has a
value of 20,00,000 by using S&P 500 futures contracts. The current price of one S&P 500 futures contract is $2,500, and the trader wants to achieve an 80% hedge. How many S&P 500 futures contracts should the trader buy or sell to achieve this hedge?Solution
We need 80% hedging of 20,00,000 value i.e., 16,00,000 Number of contracts = (Value to Hedge) / (Contract Size) Number of contracts = ($16,00,000) / ($2,500) = 640 contracts
Find the unit digit in (257)45 × (248)73.
A Student was asked to add 8 and subtract 5 from a number. By mistake, he added 5 and subtracted 8. If his answer is 11, what should be the correct answer?
- What is the remainder when
Which term of the arithmetic progression 88, 90, 92, 94... is 142?
15Â Â Â Â Â Â Â Â Â Â 15Â Â Â Â Â Â Â Â Â Â 60Â Â Â Â Â Â Â Â Â Â 540Â Â Â Â Â Â Â Â 8650
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