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Suppose you enter into a short position in 6-month futures contract on 100 ounces of gold at a futures price of $1,862 per ounce. The

Suppose you enter into a short position in 6-month futures contract on 100 ounces of gold at a futures price of $1,862 per ounce. The initial required margin is $5,000. Two months after establishing the position, you notice that the futures price at the end of the trading day is now $1,841 per ounce. What is the rate of return in your account considering the initial deposit of $5,000 that you made? Not You are asked for rate of return, not a dollar amount. Express the rate of return in decimal format, rounded to 4 decimal places.

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