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ABC sold 100 futures contracts on copper at a price of $1.8104 per pound. Contracts on copper are set at 2,500 pounds. What is the

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ABC sold 100 futures contracts on copper at a price of $1.8104 per pound. Contracts on copper are set at 2,500 pounds. What is the amount of ABC's profit or loss if the price on the maturity date is $1.8063? -$410.00 $1,025.00 $102.50 -$102.50 -$1,025.00

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