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Question
An investor bought a March S&P 500 Index futures contract in December for $1,490.05. After six months the contract value went up to $1,539.95. The contract has a multiplier of 250. With an initial margin of $20,000, what is the percent return on margin?A.62.38%
B.60.32%
C.7.70%
D.7.45%
E.6.32%
Answer
This answer is hidden. It contains 90 characters.
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