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A trader goes long on three December KC HRW wheat futures contracts at a price of $6.26 per bushel. Three weeks later, the trader offsets
A trader goes long on three December KC HRW wheat futures contracts at a price of $6.26 per bushel. Three weeks later, the trader offsets all the December KC HRW wheat contracts at a price of $6.92 per bushel. What is the trader's total profit or loss?
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