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An investor sells a futures contract on an asset when the futures price is $1,500. Each contract is on 100 units of the asset. The
An investor sells a futures contract on 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 $1,540. WHICH ONE IS TRUE
The investor has made a gain of $4,000
The investor has made a loss of $4,000
The investor has made a gain of $2,000
The investor has made a loss of $2,000
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