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You have tiken a short position in a poid Alures contract at $1973.30. The contract is on 100 ounces of gold. Your inkial margin requirement

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You have tiken a short position in a poid Alures contract at $1973.30. The contract is on 100 ounces of gold. Your inkial margin requirement is 13.3%. If you offest the contract when the fifures pobe is $1920.22, what was your rate of return? Note: Answer h percent, report two decienal places

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