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You think bitcoin is a fad, and an overvalued one at that. You short the bitcoin futures contracts, each of which has five bitcoins as

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You think bitcoin is a fad, and an overvalued one at that. You short the bitcoin futures contracts, each of which has five bitcoins as the underlying at a price of $6,485. A month later the same contract sells for $8,000. What is your dollar profit and your return on invested capital if you had to make an in margin deposit of $41.3967 What was the margin deposit relative to the value of the contracts you sold short? Does that percentage seem higher than the margin requirements of other assets in general, what characteristic of bitcoin might lead the futures exchange to require a high initial margin? The profit on this transaction is $(Round to the nearest dollar) You think bitcoin is a fad, and an overvalued one at that. You short the bitcoin futures contracts, each of which has five bitcoins as the underlying at a price of $6,485. A month later the same contract sells for $8,000. What is your dollar profit and your return on invested capital if you had to make an in margin deposit of $41.3967 What was the margin deposit relative to the value of the contracts you sold short? Does that percentage seem higher than the margin requirements of other assets in general, what characteristic of bitcoin might lead the futures exchange to require a high initial margin? The profit on this transaction is $(Round to the nearest dollar)

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