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2 pts Question 6 You take a speculative long position in January frozen concentrated orange juice (FCon futures at a price of 117.87/b. Each FCO)

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2 pts Question 6 You take a speculative long position in January frozen concentrated orange juice (FCon futures at a price of 117.87/b. Each FCO) contract represents 15.000 lbs. If your account has an initial margin of what will be your percentage profit if you dose out this position at 119.48c/ib, prior to expiration Report answer in percentare terms and round to 2 decimal places. Do not found intermediate calculation

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