15. Suppose you are a dealer in sugar. It is September 26, and you hold 112,000 pounds...

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15. Suppose you are a dealer in sugar. It is September 26, and you hold 112,000 pounds of sugar worth $0.0479 per pound. The price of a futures contract expir- ing in January is $0.0550 per pound. Each contract is for 112,000 pounds. a.

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