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Last month you went long in a futures contrat on 4 6 tons of forzen orange juice, the futures price was 5 7 per ton.
Last month you went long in a futures contrat on tons of forzen orange juice, the futures price was per ton. This is a cash settlement contract with maturity in T one week from now. Today the future price of tone of forzen orange juice for delivery in week is Today you close out your position. If at time T the spot price of ton of frozen orange juice is what is your cashflow at time T
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