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Ra it furn ouf, you were correct when you purchased 3 contracts for foedor catto at $1.595, as the spot price on catte rose to

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Ra it furn ouf, you were correct when you purchased 3 contracts for foedor catto at $1.595, as the spot price on catte rose to 1.792 on the delivery date given in your cortracts. You were requited to. put doen 9%. How much money did you make? What was your retum on kwested capital? (There are 50,000 pounds in one cortract for feoder cattle.) The amount of meney made, or your prote, is 3 (Round to the nearest dotae)

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