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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