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Consider an investor who today takes a short position in a futures contract. She holds the contract for 4 days until its maturity with the
Consider an investor who today takes a short position in a futures contract. She holds the contract for 4 days until its maturity with the following realized futures prices:
day 0 1 2 3 4
Futures price,$ 400 405 407 409 410
At the contract maturity the investor withdraws her balance from the margin account and sells the underlying asset. What is the price received for the asset by the investor
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