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A 3 mo copper futures contract (HG) has 25,000 ths and priced at $4.58/b. If the initial margin is $7,650, and if the futures price
A 3 mo copper futures contract (HG) has 25,000 ths and priced at $4.58/b. If the initial margin is $7,650, and if the futures price moves up 14. What will be the leverage ratio and the ROiC for a long position? 4.6x,10% 3.310% 15;15% 15x,1%
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