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Read the statement below and explain whether you agree or disagree with it . You buy a call on the feeder cattle futures contract for

Read the statement below and explain whether you agree or disagree with it

.

"You buy a call on the feeder cattle futures contract for November

2024

delivery and hold it until expiration. Then, at expiration, as long as the current futures price on that day is higher than the strike of your call, you will surely make a profit by exercising your call."

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