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In April, you sell 3 futures contracts on 30-year Treasury bonds for $100,000 of par value of the bonds each at the futures price of
In April, you sell 3 futures contracts on 30-year Treasury bonds for $100,000 of par value of the bonds each at the futures price of 118-187. In June, you close out your position at 117-252. What is your dollar gain or loss, to the nearest cent? (If a loss, precede the value with a negative sign.)
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