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Eric has just purchased a heating oil contract at $ 2 . 0 5 per gallon. The contract size is 2 1 , 0 0
Eric has just purchased a heating oil contract at $ per gallon. The contract size is gallons.
Initial margin is $; maintenance margin is $ If the price of heating oil is $ when the
contract expires, Eric's percentage profit or loss is
A profit
B loss
C loss
D profit
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