George Purchased a Futures Contract at 349

question 10

Multiple Choice

George purchased a futures contract at 349. The contract is on 2500 units, requires a 10% margin deposit and is priced in cents per unit. George sold the contract at 278. What is George's return on invested capital?

• A) -255.4%
• B) -203.4%
• C) -155.4%
• D) -103.4%

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Definitions:

Gender Schema Theory

A theory that suggests people learn about gender roles and develop gender-based beliefs by observing and imitating gender-linked behaviors in society.

Cognitive Explanation

A psychological interpretation focusing on understanding how mental processes like perception, memory, and problem-solving work and influence behavior.

Information Processing

The approach to psychology that treats the mind as a computer, focusing on how people process, store, retrieve, and manipulate information.

Environmental Influences

External factors that can affect an individual's behavior, development, and lifestyle, including social, cultural, and physical environments.