Question: Suppose the initial margin requirement for the oil contract is 20%. Contract size is 1000 barrels. The spot oil price $62.48. Current future price for

 Suppose the initial margin requirement for the oil contract is 20%.

Suppose the initial margin requirement for the oil contract is 20%. Contract size is 1000 barrels. The spot oil price $62.48. Current future price for March is 562.48. If the spot oil price at maturity date is 6548, and you only invest on oil commodity and don't use future contract, what's your return if you buy the oil? 12% OA . 296 99% . O D.4.8%

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