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A trader entered into a long S&P index futures contract when the futures price is 2,591 and closed it out when the futures price is

image text in transcribed A trader entered into a long S\&P index futures contract when the futures price is 2,591 and closed it out when the futures price is 2,704 . What is his gain or loss in dollars? The contract multiplier is $250. Write your answer in the format as 10000 or -10000 , no dollar sign, no comma

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