A quote for a futures contract for British pounds is $17068/2. The contract size for British pounds is 62,500. What is the dollar equivalent of this contract? The value of the British pound futures contract in U S. dollars is $ (Round to the nearest cent) Hillary considers herself a shrewd commodities investor. She bought a May cotton contract ( 50,000 pounds) at $0.6707 a pound, and later sold it at $0.6981 a pound. What were her profit and her return on invested capital if her initial margin was $1,350 and the size of a cotton futures contract is 50.000 pounds of cotton? Hillary's profit is $ (Round to the nearest doliar) You think bitcoin - is a fad, and an overvalued one at that. You short thee bitcoin futures contracts, each of which has five bitcoins as the underlying asset, at a price of $6,490. A month later the same contract sells for $6,043. What is your dollar profit and your return on investe capital if you had to make an initial margin deposit of $41,383 ? What was the initial margin deposit relative to the value of the contracts you sold short? Does that percentage seem higher than the margin requirements of other assets? In general, what characteristic of bitcoin migh lead the futures exchange to require a high initial margin? The profit on this transaction is 5 (Round to the nearest dollar.) As it tums out, you were correct when you purchased 3 contracts for feeder cattle at $1.303, as the spot price on cattle rose to 1.483 on the delivery date given in your contracts. You were required to put down 8%. How much money did you make? What was your return on invested capial? (There are 50,000 pounds in one contract for feeder cattle.) The amount of money made, of your protit, is 5 (Round to the nearost dollar.)