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Assume a $ 1 0 0 million AUM macro strategy fund manager enters into the following trade sat the beginning and end of the

Assume a $100 million AUM macro strategy fund manager enters into the following trade\sat the beginning and end of the year. Bought 2,000 Wheat Futures contracts (50K bushelsper contract) at $4 per bushel, current price of $4.20. Margin requirement is $2,000 percontract. Repo 1.50%, Reverse 1.25%, Debit 4.00%, Credit 3.00%. What is the fund return, including all financing income and expenses, as apercentage of AUM? the answer is 22.88%. please show the exact math on how the number 22.88 is made

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