You have decided to use futures contracts to invest in silver at a settle price of $15 per ounce. Each futures contract has a standard size of 4,300 troy ounces and an initial margin requirement of $3,800. What is the leverage factor associated with these contracts? (Enter your answer rounded to 2 decimal places.) Leverage times If silver rises to $17 per ounce, what is your total percentage return? (Enter your answer es a percent rounded to the nearest whole number.) Levered return %
You have decided to use futures contracts to invest in silver at a settle price of $15 per ounce. Each futures contract has a standard size of 4,300 troy ounces and an initial margin requirement of $3,800. What is the leverage factor associated with these contracts? (Enter your answer rounded to 2 decimal places.) Leverage times If silver rises to $17 per ounce, what is your total percentage return? (Enter your answer es a percent rounded to the nearest whole number.) Levered return %
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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