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Elementary,Middle School,High School,College,University,PHD
| Teaching Since: | May 2017 |
| Last Sign in: | 401 Weeks Ago, 2 Days Ago |
| Questions Answered: | 66690 |
| Tutorials Posted: | 66688 |
MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
1. You want to invest in five-year U.S. Treasury notes. Unfortunately, you believe that yields will decline and prices will rise for five-year Treasury notes. Review futures in Treasury notes and set up a strategy so you can benefit from the rise in Treasury note prices and the decline in Treasury note yields.
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2. Patrick believes that the economy is recovering and that the price of copper will rise. He wants to enter into futures contracts to buy 100,000 pounds of copper. He enters into a contract to purchase copper at $3.50 per pound. Six months later, the value of copper is $3.70 per pound. Patrick invested $5,000. Calculate his profits and return on invested capital. (please show the calculation step by step)
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