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hcraik2 hcraik2
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3 years ago
What is the return on invested capital to an investor who purchased a futures contract at a price of 297 and sells the contract for 308? The contract is on 5,000 units, requires a 3% margin deposit and is priced in cents per unit.

▸ 116.5%

▸ 119.0%

▸ 123.5%

▸ 127.4%
Textbook 
Fundamentals of Investing

Fundamentals of Investing


Edition: 14th
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teamroketteamroket
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3 years ago
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hcraik2 Author
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3 years ago
Just got PERFECT on my quiz
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I appreciate what you did here, answered it right Smiling Face with Open Mouth
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You make an excellent tutor!
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