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a trade enters into a short cotton futures contract when the futures prices is 50 cents per pound. the contract is for the delivery of

a trade enters into a short cotton futures contract when the futures prices is 50 cents per pound. the contract is for the delivery of 50000 pounds. how much does the trader gain or lose if the cotton price at the end of the contract is a 48.20 cents per pound b. 51.30 cents per pound

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