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Question 7 of 13 8.5 Points Creational instructions Alex buys (goes lonel on a futures contract on a Treasury Bond. The minimum contract size $100,000

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Question 7 of 13 8.5 Points Creational instructions Alex buys (goes lonel on a futures contract on a Treasury Bond. The minimum contract size $100,000 and the initial price 120% of face value. The following day the price moves to 120.25% of face value. What is the total dollar amount of the gain or loss? Enter your answer to the nearest cent (e. two decimal places) 5

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