Date

Page No.
Expt. No.

8 icig utreOn vez:/ment A32et

Asgume Cod Shot hice ogold R Mcoo peola

(L Hola = l0 g m . T momeimg
Cozt J 12% beH omum
Comdtmuoua Compounding uhat should be psice
d mon uuwe comdoct on aold 9 90a9re
hougimg ma mBusomce Copt ate placed a 6Y þe oromm
obot uld be das value, o 4 euuxe Comtro
So The a r yalue cuHurez comtract is givem by
guate
F - Sxet
,
y 0 0 0 x012x

u282 82 be l0,.gm
amd m3usomce_ cogt 0ould be added to Ru
DaHehouzing
sHmamcimg Cogt tox delesmminnimg deir alue c
dututes a
f I4000 xe°SK

559 pegm

2p) oicing futuresen ComaUmbtien A22et

a t spot poice c a t damom u Rs 714 pe ka.

Agaume Ommum wi ComAimuo
T Hnomcimg COzig ake l0% beH
hould be ice dt R
u Compoumdimg uho tasehou8img
Comtsact on Ca9tdamom 2 14
omo dutures þe Lslad tould
copt aHeþlaced a t
nd imauzamce

VPubudzin
Teacher's Signature

SeH lermemit
Psico
CO
 5.msalure) Comtaact 9
be dair value -

o03BertSevesIBe
Cag3k amd
value,
Dueo Com8unptten am buytmgutures,
Simt
Sellimq-4 a22e
CO96ty 1mple) Comgumpien value-ey
a9te so
ukerne cammot ovide Theste.tose, 0e enly kave
bhupica a2get
Sybsate tor QL eutre pricee
aaivem below,
m upet boumd to H
9d
o10 X/0 E732.07 þet kg
719
CoBt dould be added fo -
dabie ho uaimg amd imgunamce uppebound caur
imamcimg 0at or deBemmimg
Nalue 4 dure ab

F719e 733.91 Pes k

shock qutune Oividend rul
aFair Pice
Would be 4ea dair
Ashock tTading at Ra 600 todgu, ushat-
alue 4euhuTe comtvac en + hork matusimq He S90
nd tey5 au3 SHok
dou Susk-dree mtesteat sate, 2
epeeeso give dlvidemd a Re z09 totad0ould be 42e cdar
Nalue, 0 eulure) cmtraot 4Cabte a mo dividemd 9 Assume
amuo
,
Compo umdmg io
D
The bve2emt Nolue, dividend b us)
265 3 65

1OFH19 R 99 56
 Date
Expt. No,
Page No.

Theteore ex- dvdemd bice nodau Nalue

600.00-29 56
R 570.uy
faix ue alue uture
eutue comtact
el = CUvTemtt þrice
undeslyirmqt cot co9 daken
stoT 90 cu2)
570 yy + 570.u9 X 612/365 Kg0
570:44t S70.u x 0.00092316712
X90
570 qu 16 878777
587.318 Rg 587:82

ase, Da no dividemd 41gn e dair value duure

9 09o daugdo eaply 0ouldbe
Cubxemt pice umdest lyimg +H CO3t d coSOHy
O 000,01
6 0 0 + 600 x012/36S x9O
akem dor 90dbug)
600 +6OO x O.00032876712 X9o
600+177539 003
R3 611:1S
4ShoTt tHedae-Hedalng Lona po2ion Portelallo
tocka3

ComaideyHa mutual eund havimg a huae, þodtetollo _o

R [00 CsOTe Tadouy u 9februasty amd exbec-taten
qemesta budget em Comima 98 ebruastu motE
Nesuy bromiaimg Th curemtValue CA BSE Semzex w
6500 februasy nd Moun tuTes maturima nn 595
Februas amd 95 Maxa Comai2hmg dunAAX 50
Teacher's Signature
 nd 657S S1eapecively
How Com 4
3elimg at6,595
budget 9 6shat u0oud
Sem3ex a9te
agaimat H uncettamty
Fumc baotee up 5 .
by 5x aexpecd o aoes
o@m
ed
hobem makeaoes
ggaunt expectalten

bebtsolio = lo0 . .md deb

Mutual qund Mulua
98 feb esendatlon o henetal budqet
expecling bromi3img
dumd mamagey e0maide Gnemeto Budget mot vey
SSE Sengex 6500 md deb or
Spowt boice 65S
feb lotSize50
ma L.m 25
95 matak 6 5sS
2.m
apbrox. values)
Yalue dt ene BSE Senpex Comtsact (UBimg93.50Lakh
5 0 X6,60 0 Rz
10,0oo L a k
þortedoio to be hedged Rs
-

alue ct t
No ot Comtractz to be Sold = 10,000/39Bo
3030 Comtract)
T4matket goeb dowm b 5 a amtici paBed
Cnain uture (6,600- 6260) x50 x803 O0
R 515.10 LakL

masket goes up by 5% agaimat expectaHen3

futurel-
(6,600-6900)X56x 80g0 ro
Loaz on
F R3 54.50 Lak

Pabua
S e t lm e
 Date

Expt. No. Page No.

o0007

&Hedge gaauimgt Mosike Rik

Am inveatos A u t bouaht slock Hinduplom
umilive umited (HUL) L00H Ra 90 Lakk due to i wesy
srong dumdamertalz HouDeveSH H masiket Jm aenesta
Comaideed to 9temaim Oeak o about mext 3 mo
beta HUL 2 0mnd Cuwxemtt Value
Nisty u 2250 amd momde tutuTe Seling 2,31o
Anaoe collolng
1 How Com mVeari0Y hedae hamaeld
expeeded sall dm d maske9 e
9 Amaly2e h pozitien (a) maket alla by 10 m
moms omdHUL 2diop3 o Ra 8 doom R3 900
) imosyke
Heaialeaz3 a kizeCA 6 amd HUL
Supeo Rg 215 00mn Rs 200D

d00 Teacher's Signature

3) Cnive 40 3temdatd deviattons o te onasiket ab 12Y. ond
HUL a tt7. tat u 4 Susk o um hedged and hedged
oddolio
So
HUL 20 Lakh
-mmastket toeak
BHUL12
No. oi shastel o HUL 20,000,00 10,00bo
200
No. futunes comtract 8old value -to be hedaed /value. ene
uture Comtract
24,00,000 x 2310
200

5.19 (5 cosacta)
.N)
Value Ho be hedged20,00,00dx12
24,00,000

2 Matket alla bu 10 to 202.5 stoorm 2,250 and HUL allg to

R 178
2310
Sellmg þrice o dutuve)
Buying Þrice, duure)2025
(2310-202S) 28S
naim m quture) maske
=

naim n poaitien Cuture 5 x200x285-

R32,35,000
LoBB On HUL t0,00 shase (200-118) Xlo000
22 X 100o0
220, 000
Net harn R3 65,000
 Date

Expt. No. Page No.

Masket Suize elalla 6 t o 2,985 oom 9,250

amd HOL 9u2e)to Rz 215
Sellimgprice dutuseb 2910
buying miceCduture) 2385
aaim Jm duture3 maske 75

Lo22 Cm þozitlem dduture 5x200 x13

50oo
Unaum em HUL 10,000 3hoSte) = Q15-200) XI00 00
= Rp 1,50,000
Net in= (A50,000 -75 000
75,00O
T ienveahas003 umhedae d hgam ooud be
R3 , 50,00o

I 1e lmveatov Semaimed umhedged he Dould

Cast emttse 9ulzk ttUL
hedgedpo3ittemn dn udunes R a0moumt C
yaStiom¢ e OteductHem
m 22 x202
207.96 Stemdasiddeviation
y.uy
Regidua Nasugmce 8 -Pm
32 207.36
16 6
Hedged poulstollo uU teduce 10.à Suigk s
038e+ s0

Teacher's Signature