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stuck Monica buys a futures contract for April delivery (April 20) of GBP 62,500 on October 20. The futures exchange rate is GBP 1= USD

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Monica buys a futures contract for April delivery (April 20) of GBP 62,500 on October 20. The futures exchange rate is GBP 1= USD 1.22. She believes that the spot rate for GBP. will be GBP 1= USD 1.26 on April 20. The margin requirement is 2%. If her expectations are correct, her annualized rate of return on investment will be how much in USD terms

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