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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 $ Each contract is on units of the asset. The contract is closed out when the futures price is $
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 $
B The investor has made a gain of $
C The investor has made a gain of $
D The investor has made a loss of $
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