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Louis took a long position on a futures contract on gold, at a futures price of $1920. At contract maturity, the spot price of an

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Louis took a long position on a futures contract on gold, at a futures price of $1920. At contract maturity, the spot price of an ounce gold is $1925. How much did Louis gain or lose on his futures position? O a $1920 O b. -$5 Oc $0 O d. $5

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