Business, 27.10.2020 17:50, amesha62

You buy a NYMEX WTI Crude Oil Futures 1,000 barrel contract at a price of $50 per barrel. You decide to buy on margin where the margin requirement is 20%. In November, the price of oil rises to $55 per barrel based on expectations that OPEC will reduce oil supplies. What will be your percentage profit or loss on the contract

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You buy a NYMEX WTI Crude Oil Futures 1,000 barrel contract at a price of $50 per barrel. You decide...