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Consider the Part exchange. Each Part contract has a market value of $20 and a notional value of $100. Over one day, the following trades

Consider the Part exchange. Each Part contract has a market value of $20 and a notional value of $100. Over one day, the following trades occur:

*A long, B short 5 contracts

*B long, C short 5 contracts

What is the notional value of open interest?

A.) $100

B.) $0

C.) $500

D.) $1,000

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