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An investor enters into 20 short futures on the dow jones index at a futures price of of 10106. Each contract is for 100 times
An investor enters into 20 short futures on the dow jones index at a futures price of of 10106. Each contract is for 100 times the index. The investor closes out 10 contracts when the futures price is 10201. and the remaining 10 when it is 10074. ignoring the interest on the margin account, what are the investor's net profit or losses
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