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On Monday morning you sell one June T-bond futures contract for $978.43. The contract's face value is $1,000. The initial margin requirement is $27 and
On Monday morning you sell one June T-bond futures contract for $978.43. The contract's face value is $1,000. The initial margin requirement is $27 and the maintenance margin requirement is $20 per contract. The Tuesday closing futures price is $980.
Continued
The rate of return on your investment is _____%.
Continued
The leverage on your investment was _____.
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