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Business, 07.08.2021 03:40 LtotheJ0225

The futures price of gold is $1,000. Futures contracts are for 100 ounces of gold, and the margin requirement is $3,000 a contract. The maintenance market requirement is $1,500. A speculator expects the price of gold to rise and enters into a contract to buy gold. If the futures price of gold rises to $1,005, what is the return on the position

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The futures price of gold is $1,000. Futures contracts are for 100 ounces of gold, and the margin re...
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