As a new trader of CPO futures you brought three lots at RM 1300 per tonne wich

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As a new trader of CPO futures you brought three lots at RM 1300 per tonne wich requires you to pay initial margin of 9000 and maintain rm 8000 per contract.

Prepare marked to market position for the following closing prices:

DAY 1 . 1294

2 1290

3 1282

4 1277

5 1272

Show the leverage effect of futures trading if you close out in five days?

Related Book For answer-question

Introduction To Corporate Finance

ISBN: 9781118300763

3rd Edition

Authors: Laurence Booth, Sean Cleary

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Posted Date: Jul 03, 2023 01:27 AM

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As a new trader of CPO futures you brought three lots at RM 1300 per tonne wich

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Introduction To Corporate Finance

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