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On January 1, you sold one April S&P 500 index futures contract at a futures price of 3.000. If the April futures price is 2,950

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On January 1, you sold one April S\&P 500 index futures contract at a futures price of 3.000. If the April futures price is 2,950 on February 1, your pronit would be If you close your position. (The contract multiplier is 250.) Multiple Choice 512,500 515,000 515.000 $12.500

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