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Assume that you purchased a futures contract September 1st 2021 , with the first settlement date being beyond the December 1st 2021 . Also assume

Assume that you purchased a futures contract September 1st 2021, with the first settlement date being beyond the December 1st 2021. Also assume that you sold a futures contract with this same settlement date at December 1st 2021. Determine the difference between the dollar value of the contract you sold and the dollar amount of the contract you purchased. futures Contract= S&P 500

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