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Question 3 : Offsetting . Today - buy 1 Dec Corn contract at 637'2 . December 1st - sell 1 Dec Corn contract at 623'6

Question 3 : Offsetting . Today - buy 1 Dec Corn contract at 637'2 . December 1st - sell 1 Dec Corn contract at 623'6 . Calculate the profit or loss on the contract

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