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An investor purchases futures contract an asset when the futures price is $ 1 , 5 0 0 . Each contract is on 1 0

An investor purchases futures contract an asset when the futures price is $1,500. Each contract is on 100 units of the asset. The contract is closed out when the futures price is $1,580.
Which of the following is true: D. The price of the underlying asset will decrease in the future and the firm expects to
sell the underlying asset in the future.
A. The investor has made a loss of $8,000
B. The investor has made a gain of $8,000
C. The investor has made a gain of $4,000
D. The investor has made a loss of $4,000

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