Please design an intermarkethedge betting that technology stocks will outperform finance stocks. September Technology stock futuresare trading at 650.13, have a standard deviation of 52% and a 0.8 correlation with the market.September Financestock futuresaretrading at 103.52, have a standard deviation of 101.52% and a 0.4 correlation with the market. The market's standard deviation is 15%.

What is your profit on August 15th if you close out your positions with Technology futures at 635.4 and finance futures at 101.52? Both futures have a $100 multiplier.

Please provide detailed solution answer is -273.00