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Question 7 The contract size for platinum futures is 50 troy ounces. Suppose you need 3500 troy ounces of platinum and the current futures price

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Question 7 The contract size for platinum futures is 50 troy ounces. Suppose you need 3500 troy ounces of platinum and the current futures price is $1448 per ounce What is your dollar profit if platinum sells for $1472 a troy ounce when the futures contract expires? 1 points

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