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Please Answer: 1. What was Hilary's profit? (Round to the nearest Dollar) 2. What did Hilary put in a initial deposit? 3. What was her

image text in transcribedPlease Answer:

1. What was Hilary's profit? (Round to the nearest Dollar)

2. What did Hilary put in a initial deposit?

3. What was her return on invested capital? (Round to 2 decimal places and show as a %)

Hillary considers herself a shrewd commodities investor. She bought a May cotton contract (50,000 pounds) at $0.6582 a pound, and later sold it at $0.7333 a pound. What were her profit and her return on invested capital if her initial margin was $1,000 and the size of a cotton futures contract is 50,000 pounds of cotton? Hillary's profit is $ (Round to the nearest dollar.)

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