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A trader is long 100 oil futures contracts that expire in August. To close her position before the contract expiration date, the trader must: Group

A trader is long 100 oil futures contracts that expire in August. To close her position before the contract expiration date, the trader must:

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sell 100 oil futures contracts that expire in August

buy 100 oil futures contracts that expire in July

buy 100 oil futures contracts that expire in August

Do nothing.

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