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Rose has $8,000 to invest and is sure that the price of copper is going to rise over the next year.Copper is selling at $3
Rose has $8,000 to invest and is sure that the price of copper is going to rise over the next year.Copper is selling at $3 a pound and the margin requirement for a futures contract for 25,000 pounds of copper is $8,000. Sheuses the futures market to leverage her position.What is her return if the price rises to $3.10 per pound.
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