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12. If you pruchased 10,000 bushels of soybeans in a futures contract fo $10.00 a bushel, and the price rose to $12.50 prior to maturity,

12. If you pruchased 10,000 bushels of soybeans in a futures contract fo $10.00 a bushel, and the price rose to $12.50 prior to maturity, what would your dollar gain or loss be? a) $2,500 b)$10,000 c)$25,000 d)$15,000 What would your holding period return be assuming you were required to place an initial margin of 10%? a) 250% b) 150% c) 25% d) 350%

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