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On 3/5/15 you buy one Soybeans contract at a price of 574.0. (Prices quotes are cents not dollar). Next day you sell your contract at
On 3/5/15 you buy one Soybeans contract at a price of 574.0. (Prices quotes are cents not dollar). Next day you sell your contract at 583.1/4. Estimate you dollar profits or loss (not considering transaction costs). Contract size is 5000 bushels per contract.
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