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private investor, purchased a futures contract on Treasury bonds at a price of 1 0 1 - 5 . Two months later, Apple sells the

private investor, purchased a futures contract on Treasury bonds at a price of 101-5. Two months later, Apple sells the same futures contract in order to close out the position. At that time, the futures contract specifies 103-7. What is her nominal profit or loss(-)?
Answer: $________(round to 2 decimal places.)

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