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You have decided to use futures contracts to invest in silver at a settle price of $15 per ounce. Each futures contract has a standard

You have decided to use futures contracts to invest in silver at a settle price of $15 per ounce. Each futures contract has a standard size of 4,400 troy ounces and an initial margin requirement of $3,900.

What is the leverage factor associated with these contracts?

Leverage If silver rises to $17 per ounce. what is your total percentage return?

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