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7. A futures trader who initially buys a share futures contract at $4.10 and subsequently sells a futures contract in the same share at $4.60

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7. A futures trader who initially buys a share futures contract at $4.10 and subsequently sells a futures contract in the same share at $4.60 will realize what approximate return on a contract of 1,000 shares which required an initial deposit margin of 15%? A. 72.5% B. 12.2% C. 72.5% D. 81.3%

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