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Suppose that you buy (long) two corn futures contracts (5,000 bushels each) at the price of $5.07/bushel. Your initial margin is $2,575 per contract. Now
Suppose that you buy (long) two corn futures contracts (5,000 bushels each) at the price of $5.07/bushel. Your initial margin is $2,575 per contract. Now assume that one month later the futures price for these corn futures is $7.30/bushel. What is your return on your invested capital? Enter your answer in % form rounded to the nearest two decimal places, but enter the number only (e.g., for 50% enter 50 not 0.5).
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