Through reversing trade rather than held to delivery

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1. Why are most futures positions closed out through a reversing trade rather than held to delivery?

2. You have just received a check for $2,000 and have placed it into a savings account earning 9%. You wish to leave it in the account until it has grown to $4,000. How many years will it take for your initial deposit of $2,000 to grow to $4,000. (Round to two decimal places.)

Reference no: EM131868652

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