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Josh rink considers himself a shrewd commodities investor

Question: Josh Rink considers himself a shrewd commodities investor. Not long ago he bought one July cotton contract at $0.54 a pound and he recently sold it at $0.58 a pound. How much profit did he make? What was his return on invested capital if he had to put up a $1,260 initial margin?

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Accounting Basics: Josh rink considers himself a shrewd commodities investor

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