Futures Quotes Refer to Table 25.2 in the text to answer this question. Suppose you sell fi
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Futures Quotes Refer to Table 25.2 in the text to answer this question. Suppose you sell fi ve May 2006 silver futures contracts on March 7, 2006, at the last price of the day. What will your profi t or loss be if silver prices turn out to be $11.15 per ounce at expiration? What if silver prices are $9.05 per ounce at expiration?
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