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In November, you buy 4 futures contracts on 30-year Treasury bonds for $100,000 of par value of the bonds each at the futures price of

In November, you buy 4 futures contracts on 30-year Treasury bonds for $100,000 of par value of the bonds each at the futures price of 97-155. In February, you close out your position at 97-105. What is your dollar gain or loss, to the nearest cent?

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