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2. Profit from T-bill Futures. Rude Dynamics Inc. sold Treasury bill futures contracts when the quoted price was 93-26. When this position was closed out,

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2. Profit from T-bill Futures. Rude Dynamics Inc. sold Treasury bill futures contracts when the quoted price was 93-26. When this position was closed out, the quoted price was 93-90. Determine the profit or loss per contract, ignoring transaction costs

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