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Hillary considers herself a shrewd commodities investor. She bought a May cotton contract ( 50,000 pounds) at $0.6750 a pound, and tater sold it at
Hillary considers herself a shrewd commodities investor. She bought a May cotton contract ( 50,000 pounds) at $0.6750 a pound, and tater sold it at $0.7047 a pound. What were her profit and her return on invested caphal if her initial margin was $1,370 and the size of a cotton futures contract is 50,000 pounds of cotton? Hillary's profit is $ (Round to the nearest dollar.) If she had an initial margin of $1,370, the return on finvested capital is (Round to two decimal places.) Hillary considers herself a shrewd commodities investor, She bought a May cotton contract (50,000 pounds) at $0.6759 a pound, and later sold it at $0.7647 a pound. What were her profit and her return on investod capitat if her initiat margin was $1,370 and the slze of a cotton futures contract is 50,000 pounds of colton? Hillary's profit is : (Round to the nearest dotlar.) If she had an initail margin of $1,370, the return on invested capital is 00%. (Round to two decimal places.)
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