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%
Correct Answer:
Verified
Correct Answer:
Verified
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