Mark buys two contracts at A$557.50. On the delivery date of the contracts, the price increased to
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Mark buys two contracts at A$557.50. On the delivery date of the contracts, the price increased to A$560.50. How much money did Mark make? What was his return on invested capital, given that the initial margin was 12.50%?
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Fundamentals Of Investing
ISBN: 9780135175217
14th Edition
Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk
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