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rafiki121 rafiki121
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A month ago
George purchased a futures contract at 349. The contract is on 2500 units, requires a 10% margin deposit and is priced in cents per unit. George sold the contract at 278. What is George's return on invested capital?

▸ -255.4%

▸ -203.4%

▸ -155.4%

▸ -103.4%
Textbook 

Fundamentals of Investing


Edition: 14th
Authors:
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dmahrdmahr
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A month ago
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-203.4%

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I appreciate what you did here, answered it right Smiling Face with Open Mouth
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Brilliant
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This helped my grade so much Perfect
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