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1) Choose a future contract. Assume you buy one contract of that future. 1A) Please provide the time you bought that contract and the price

1) Choose a future contract. Assume you buy one contract of that future.

1A) Please provide the time you bought that contract and the price you bought that future contract.

1B) Estimate the value of that future contract at the price of your purchase.

1C) Assume that the price of that future contract goes up by 1 % and you sell your future contract. Estimate your profits when you sell it at 1 % higher price.

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