An investor purchases a 25,000-pound contract for copper at $2.10 per pound with an initial margin requirement

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An investor purchases a 25,000-pound contract for copper at $2.10 per pound with an initial margin requirement of 6 percent. The price goes down to $2.06 after a year. What are the dollar and percentage losses?

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Fundamentals of Investment Management

ISBN: 978-0078034626

10th edition

Authors: Geoffrey Hirt, Stanley Block

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Question Posted: Sep 21, 2015 05:38 AM

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An investor purchases a 25,000-pound contract for copper at $2.10 per pound with an initial margin requirement

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Fundamentals of Investment Management

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