What is the dollar change in your account and the rate of


Suppose you enter into the long side of a futures contract on 5000 ounces of silver at a futures price of $16.00 per ounce. The initial margin required is $6000. If, one month later, the futures price of the same contact is $15.90, what is the dollar change in your account and the rate of return on your initial margin deposit?

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Financial Management: What is the dollar change in your account and the rate of
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