Akasuki works for an investment firm in Japan. Her client asks her to buy a Nikkei 225
Question:
Akasuki works for an investment firm in Japan. Her client asks her to buy a Nikkei 225 VI Futures December (each point is equal to 250,000 yen) at 25 points and latter asks her to sell it for 30 points. What were her client’s profit and return on invested capital if her initial margin was 1,000,000 yen?
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Related Book For
Fundamentals Of Investing
ISBN: 9780135175217
14th Edition
Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk
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