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You buy a 2 5 , 0 0 0 pound copper futures contract at $ 3 . 1 1 6 5 per pound with an
You buy a pound copper futures contract at $ per pound with an initial margin requirement of $ and maintenance margin of $
What is your percent return if instead copper decreased to $ Speculators in futures markets provide liquidity which raises transaction costs. lowers transaction costs. increases excess volatility. causes panics and crashes.
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