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Contract Open High Low Close Sept, Corn, 5,000 bu, cents/bu||908.22 1,185.08 851.47 1,054.73 Nov, Corn, 5,000 bu, cents/bu|929.21 1,101.83 866.02 1,009.47 You take a long
Contract Open High Low Close Sept, Corn, 5,000 bu, cents/bu||908.22 1,185.08 851.47 1,054.73 Nov, Corn, 5,000 bu, cents/bu|929.21 1,101.83 866.02 1,009.47 You take a long position in 37 contracts of November corn futures contracts at the price of 914.54. You close your position at the closing price. Corn contracts have a margin requirement of 3.55%. What is your return on this investment? Answer should be formatted as a percent with 2 decimal places (e.g. 99.99)
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