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( ) On June 31 ( day to lift hedge ) , you observe the following prices . STOCK Price # Shares Market Value Abc

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( ) On June 31 ( day to lift hedge ) , you observe the following prices . STOCK Price # Shares Market Value Abc $32. 75 9, 400 Bde $ 3 3.38 8, 000 Cce $56.88 6 , 000 Dole $2 2. 25 9, 300 Eef $31. 38 6, 600 FEh $48.63 9, 500 Get $54.50 3 , 700 Ghe $ 18 . 25 8, 500 You also observe that September S& P 500 index futures price drop to 1 , 684 . What is your profit / loss on your portfolio ? What is your gain / loss on your futures position ? What is your hedged profit / loss ?"

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