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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 $ million AUM macro strategy fund manager enters into the following tradesat the beginning and end of the year. Bought Wheat Futures contracts K bushelsper contract at $ per bushel, current price of $ Margin requirement is $ percontract. Repo Reverse Debit Credit What is the fund return, including all financing income and expenses, as apercentage of AUM? the answer is please explain how
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